The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Norman, Oklahoma Rental Property 7 Property
Bought in Month 389
We have a Rule that has you buying the Typical 20% Down Payment Norman, 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 389 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Norman, Oklahoma Rental Property 7 Property, we're assuming you're getting a 20% down payment loan. With a $533,433.63 purchase price that means you need to have $106,686.73 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($5,334.34) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $106,686.73 |
Rent Ready Costs | $0 |
Closing Costs | $5,334.34 |
Seller Concessions | $0 |
Total Cost To Close: | $112,021.06 |
The monthly rent on this Property is $4,368.97 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$16,042 | $0 | $0 | $0 | $1,796 | $17,839 | |
$16,042 | $8,008 | $12,187 | $1,537 | $3,478 | $41,253 | |
$16,042 | $6,440 | $10,168 | $1,756 | $3,665 | $38,072 | |
$16,042 | $2,487 | $8,177 | $2,061 | $3,910 | $32,677 | |
$16,042 | -$1,847 | $6,510 | $2,437 | $4,217 | $27,358 | |
$16,042 | -$4,526 | $5,341 | $2,818 | $4,543 | $24,218 | |
$16,042 | -$9,517 | $4,532 | $3,179 | $4,830 | $19,067 | |
$16,039 | -$7,698 | $3,962 | $3,299 | $4,715 | $20,317 | |
Totals: | $128,337 | -$6,654 | $50,878 | $17,087 | $31,154 | $220,802 |
* 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
- 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
- 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
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports