The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Allentown, Pennsylvania Rental Property 6 Property
Bought in Month 386
We have a Rule that has you buying the Typical 20% Down Payment Allentown, Pennsylvania Rental Property 6 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 386 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Allentown, Pennsylvania Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $562,879.02 purchase price that means you need to have $112,575.80 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($5,628.79) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $112,575.80 |
Rent Ready Costs | $0 |
Closing Costs | $5,628.79 |
Seller Concessions | $0 |
Total Cost To Close: | $118,204.59 |
The monthly rent on this Property is $3,930.23 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$16,928 | $0 | $0 | $0 | $1,254 | $18,183 | |
$16,928 | $9,187 | $12,689 | $1,638 | $2,979 | $43,421 | |
$16,928 | $5,401 | $9,510 | $2,025 | $3,301 | $37,165 | |
$16,928 | $277 | $7,370 | $2,442 | $3,638 | $30,655 | |
$16,928 | -$3,739 | $6,027 | $2,830 | $3,959 | $26,006 | |
$16,928 | -$8,395 | $4,929 | $3,281 | $4,331 | $21,075 | |
$16,925 | -$7,463 | $4,181 | $3,481 | $4,257 | $21,381 | |
Totals: | $118,493 | -$4,731 | $44,705 | $15,697 | $23,719 | $197,884 |
* 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 $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
- 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- 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