The Real Estate Financial Planner Blueprint™
04 1 5% Down Primary Then 9 25% Down Rental Properties
Purchased Typical 25% Down Payment Norman, Oklahoma Rental Property 8 Property
Bought in Month 389
We have a Rule that has you buying the Typical 25% Down Payment Norman, 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 25% Down Payment Norman, Oklahoma Rental Property 8 Property, we're assuming you're getting a 25% down payment loan. With a $533,433.63 purchase price that means you need to have $133,358.41 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 | $133,358.41 |
Rent Ready Costs | $0 |
Closing Costs | $5,334.34 |
Seller Concessions | $0 |
Total Cost To Close: | $138,692.74 |
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 | $8,631 | $10,964 | $1,568 | $3,388 | $40,594 | |
$16,042 | $7,503 | $9,136 | $1,809 | $3,580 | $38,070 | |
$16,042 | $4,055 | $7,831 | $2,041 | $3,744 | $33,713 | |
$16,042 | $2,638 | $6,861 | $2,263 | $3,918 | $31,723 | |
$16,042 | -$372 | $6,012 | $2,510 | $4,099 | $28,291 | |
$16,042 | -$2,223 | $5,251 | $2,790 | $4,317 | $26,178 | |
$16,042 | -$4,577 | $4,660 | $3,064 | $4,526 | $23,715 | |
$16,039 | -$5,011 | $3,897 | $3,299 | $4,500 | $22,724 | |
$14,720 | -$4,356 | $3,542 | $3,032 | $4,118 | $21,056 | |
Totals: | $159,099 | $6,288 | $58,154 | $22,375 | $37,987 | $283,903 |
* 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
- 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