The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Allentown, Pennsylvania Rental Property 6 Property
Bought in Month 542
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 542 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 $826,606.81 purchase price that means you need to have $165,321.36 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($8,266.07) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $165,321.36 |
Rent Ready Costs | $0 |
Closing Costs | $8,266.07 |
Seller Concessions | $0 |
Total Cost To Close: | $173,587.43 |
The monthly rent on this Property is $5,771.68 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$24,859 | $37,735 | $0 | $0 | $2,382 | $64,976 | |
$24,859 | $37,436 | $0 | $0 | $2,380 | $64,675 | |
$24,859 | $7,328 | $14,345 | $2,915 | $4,788 | $54,236 | |
$24,859 | -$594 | $10,327 | $3,711 | $5,449 | $43,753 | |
$24,859 | -$6,779 | $8,502 | $4,281 | $5,917 | $36,781 | |
$24,854 | -$10,959 | $6,140 | $5,112 | $6,251 | $31,398 | |
Totals: | $149,151 | $64,168 | $39,314 | $16,020 | $27,167 | $295,820 |
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
- 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports