The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Cleveland, Ohio Rental Property 1 Property
Bought in Month 35
We have a Rule that has you buying the Typical 25% Down Payment Cleveland, Ohio Rental Property 1 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 35 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Cleveland, Ohio Rental Property 1 Property, we're assuming you're getting a 25% down payment loan. With a $100,102.08 purchase price that means you need to have $25,025.52 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,001.02) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $25,025.52 |
Rent Ready Costs | $0 |
Closing Costs | $1,001.02 |
Seller Concessions | $0 |
Total Cost To Close: | $26,026.54 |
The monthly rent on this Property is $2,620.26 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$3,010 | $19,734 | $731 | $619 | $916 | $25,011 | |
$254 | $2,097 | $0 | $53 | $41 | $2,445 | |
Totals: | $3,264 | $21,831 | $731 | $672 | $957 | $27,455 |
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 $5,000 and a Ideal Target Monthly Income in Retirement™ of $8,000 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
- Achieved Financial Independence Goal
- 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
- Achieved Ideal Financial Independence Goal
- 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
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports