The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Charleston, South Carolina Rental Property 6 Property
Bought in Month 1193
We have a Rule that has you buying the Typical 20% Down Payment Charleston, South Carolina 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 1193 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Charleston, South Carolina Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $8,504,332.65 purchase price that means you need to have $1,700,866.53 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($85,043.33) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $1,700,866.53 |
Rent Ready Costs | $0 |
Closing Costs | $85,043.33 |
Seller Concessions | $0 |
Total Cost To Close: | $1,785,909.86 |
The monthly rent on this Property is $24,316.75 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$169,665 | $0 | $0 | $0 | $6,896 | $176,561 | |
$169,665 | $87,003 | $0 | $0 | $8,436 | $265,104 | |
$169,665 | $84,883 | $0 | $0 | $8,417 | $262,965 | |
$169,665 | $83,623 | $0 | $0 | $8,406 | $261,694 | |
$169,665 | -$116,642 | $102,257 | $19,271 | $24,316 | $198,867 | |
$169,665 | -$187,303 | $66,349 | $26,479 | $30,305 | $105,495 | |
$169,613 | -$233,862 | $39,727 | $35,063 | $33,805 | $44,346 | |
Totals: | $1,187,602 | -$282,298 | $208,334 | $80,813 | $120,581 | $1,315,031 |
* 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 $10,000 and a Ideal Target Monthly Income in Retirement™ of $15,000 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
- 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
- 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
- Final Month Summary
Reports