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 8 Property
Bought in Month 440
We have a Rule that has you buying the Typical 20% Down Payment Allentown, Pennsylvania 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 440 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 8 Property, we're assuming you're getting a 20% down payment loan. With a $642,957.95 purchase price that means you need to have $128,591.59 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($6,429.58) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $128,591.59 |
Rent Ready Costs | $0 |
Closing Costs | $6,429.58 |
Seller Concessions | $0 |
Total Cost To Close: | $135,021.17 |
The monthly rent on this Property is $4,489.37 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$19,336 | $0 | $0 | $0 | $1,433 | $20,769 | |
$19,336 | $29,822 | $0 | $0 | $1,857 | $51,016 | |
$19,336 | $9,148 | $13,019 | $2,025 | $3,532 | $47,060 | |
$19,336 | $3,907 | $10,090 | $2,442 | $3,868 | $39,644 | |
$19,336 | -$109 | $8,251 | $2,830 | $4,190 | $34,499 | |
$19,336 | -$4,765 | $6,748 | $3,281 | $4,562 | $29,162 | |
$19,336 | -$6,829 | $6,226 | $3,481 | $4,727 | $26,942 | |
$19,336 | -$9,018 | $5,744 | $3,693 | $4,902 | $24,658 | |
$19,332 | -$7,952 | $4,775 | $3,976 | $4,879 | $25,012 | |
Totals: | $174,023 | $14,205 | $54,854 | $21,729 | $33,952 | $298,762 |
* 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