The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Fargo, North Dakota Rental Property 5 Property
Bought in Month 420
We have a Rule that has you buying the Typical 20% Down Payment Fargo, North Dakota Rental Property 5 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 420 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Fargo, North Dakota Rental Property 5 Property, we're assuming you're getting a 20% down payment loan. With a $706,868.84 purchase price that means you need to have $141,373.77 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($7,068.69) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $141,373.77 |
Rent Ready Costs | $0 |
Closing Costs | $7,068.69 |
Seller Concessions | $0 |
Total Cost To Close: | $148,442.46 |
The monthly rent on this Property is $4,568.29 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$21,258 | $31,472 | $0 | $0 | $1,843 | $54,573 | |
$21,258 | $8,610 | $15,513 | $2,098 | $3,565 | $51,044 | |
$21,258 | $1,157 | $10,373 | $2,820 | $4,162 | $39,771 | |
$21,258 | -$6,611 | $7,518 | $3,572 | $4,783 | $30,521 | |
$21,254 | -$9,984 | $5,250 | $4,372 | $5,159 | $26,051 | |
Totals: | $106,288 | $24,644 | $38,655 | $12,862 | $19,512 | $201,960 |
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 $6,000 and a Ideal Target Monthly Income in Retirement™ of $9,000 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
- 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
- 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
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports