The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Durham, North Carolina Rental Property 7 Property
Bought in Month 440
We have a Rule that has you buying the Typical 20% Down Payment Durham, North Carolina Rental Property 7 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 440 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 7 Property, we're assuming you're getting a 20% down payment loan. With a $1,065,274.60 purchase price that means you need to have $213,054.92 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($10,652.75) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $213,054.92 |
Rent Ready Costs | $0 |
Closing Costs | $10,652.75 |
Seller Concessions | $0 |
Total Cost To Close: | $223,707.67 |
The monthly rent on this Property is $6,734.06 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$32,037 | $52,989 | $0 | $0 | $2,126 | $87,151 | |
$32,037 | $19,896 | $22,305 | $3,273 | $4,836 | $82,348 | |
$32,037 | $12,713 | $17,998 | $3,832 | $5,285 | $71,865 | |
$32,037 | $4,918 | $14,232 | $4,553 | $5,878 | $61,618 | |
$32,037 | -$2,571 | $11,639 | $5,278 | $6,477 | $52,860 | |
$32,037 | -$11,253 | $9,518 | $6,119 | $7,172 | $43,592 | |
$32,031 | -$9,516 | $7,912 | $6,588 | $7,126 | $44,141 | |
Totals: | $224,253 | $67,175 | $83,604 | $29,643 | $38,900 | $443,575 |
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
- 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
- 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- 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
- Final Month Summary
Reports