The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Durham, North Carolina Rental Property 8 Property
Bought in Month 401
We have a Rule that has you buying the Typical 20% Down Payment Durham, North Carolina Rental Property 8 Property even if your Account balance in the All-In-One Account Earning 7%/year Account has zero dollars. The following is a chart showing the balance of All-In-One Account Earning 7%/year Account from the start of the Scenario to Month 401 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Durham, North Carolina Rental Property 8 Property, we're assuming you're getting a 20% down payment loan. With a $967,699.67 purchase price that means you need to have $193,539.93 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($9,677) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $193,539.93 |
Rent Ready Costs | $0 |
Closing Costs | $9,677 |
Seller Concessions | $0 |
Total Cost To Close: | $203,216.93 |
The monthly rent on this Property is $6,117.25 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$29,103 | $0 | $0 | $0 | $1,353 | $30,455 | |
$29,103 | $17,930 | $19,992 | $3,003 | $4,419 | $74,447 | |
$29,103 | $11,560 | $15,970 | $3,541 | $4,857 | $65,031 | |
$29,103 | $7,266 | $13,370 | $4,035 | $5,272 | $59,045 | |
$29,103 | $1,803 | $11,574 | $4,486 | $5,637 | $52,604 | |
$29,103 | -$2,528 | $10,293 | $4,890 | $5,970 | $47,727 | |
$29,103 | -$7,306 | $9,246 | $5,291 | $6,295 | $42,628 | |
$29,103 | -$12,385 | $8,222 | $5,768 | $6,688 | $37,395 | |
$29,097 | -$9,094 | $7,187 | $5,985 | $6,467 | $39,642 | |
Totals: | $261,917 | $7,246 | $95,854 | $36,999 | $46,957 | $448,974 |
* Denotes a property that had no rent for at least part of the period covered. |
Asset Allocation
How are assets allocated? Let's first look at this month.
And how have they looked over time up to this month?
Phases of Financial Independence™
With a Minimum Target Monthly Income in Retirement™ of $8,000 and a Ideal Target Monthly Income in Retirement™ of $12,000 at the time of achieving your
Blueprint™ Menu of Sections
- Introduction
- Accounts
- Properties
- Rules
- Significant Events
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports