The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Broken Arrow, Oklahoma Rental Property 8 Property
Bought in Month 389
We have a Rule that has you buying the Typical 20% Down Payment Broken Arrow, Oklahoma 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 389 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Broken Arrow, Oklahoma Rental Property 8 Property, we're assuming you're getting a 20% down payment loan. With a $568,052.55 purchase price that means you need to have $113,610.51 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($5,680.53) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $113,610.51 |
Rent Ready Costs | $0 |
Closing Costs | $5,680.53 |
Seller Concessions | $0 |
Total Cost To Close: | $119,291.04 |
The monthly rent on this Property is $4,983.36 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$17,084 | $0 | $0 | $0 | $1,902 | $18,985 | |
$17,084 | $11,915 | $13,109 | $1,625 | $3,711 | $47,443 | |
$17,084 | $9,809 | $11,160 | $1,829 | $3,879 | $43,761 | |
$17,084 | $6,650 | $9,188 | $2,110 | $4,109 | $39,140 | |
$17,084 | $4,328 | $7,666 | $2,410 | $4,364 | $35,851 | |
$17,084 | $837 | $6,659 | $2,673 | $4,574 | $31,827 | |
$17,084 | -$1,283 | $5,746 | $2,979 | $4,836 | $29,361 | |
$17,084 | -$4,087 | $5,075 | $3,263 | $5,072 | $26,406 | |
$17,080 | -$4,562 | $4,219 | $3,513 | $5,040 | $25,290 | |
$15,676 | -$3,903 | $3,834 | $3,228 | $4,611 | $23,446 | |
Totals: | $169,425 | $19,702 | $66,656 | $23,629 | $42,098 | $321,510 |
* 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 $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
- 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
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- 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