The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Broken Arrow, Oklahoma Rental Property 7 Property
Bought in Month 482
We have a Rule that has you buying the Typical 20% Down Payment Broken Arrow, Oklahoma 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 482 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 7 Property, we're assuming you're getting a 20% down payment loan. With a $714,294.01 purchase price that means you need to have $142,858.80 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($7,142.94) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $142,858.80 |
Rent Ready Costs | $0 |
Closing Costs | $7,142.94 |
Seller Concessions | $0 |
Total Cost To Close: | $150,001.74 |
The monthly rent on this Property is $6,266.30 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$21,482 | $36,571 | $0 | $0 | $2,982 | $61,035 | |
$21,482 | $35,758 | $0 | $0 | $2,975 | $60,214 | |
$21,482 | $11,234 | $13,435 | $2,375 | $4,936 | $53,461 | |
$21,482 | $5,597 | $10,137 | $2,921 | $5,387 | $45,523 | |
$21,482 | $185 | $7,804 | $3,539 | $5,907 | $38,917 | |
$21,482 | -$3,596 | $7,057 | $3,811 | $6,123 | $34,877 | |
$21,477 | -$6,062 | $5,305 | $4,418 | $6,320 | $31,458 | |
Totals: | $150,367 | $79,687 | $43,738 | $17,063 | $34,631 | $325,485 |
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
- Paid Off Mortgage
- 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
- 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
- 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
- Final Month Summary
Reports