The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Charleston, South Carolina Rental Property 6 Property
Bought in Month 1191
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 1191 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 $8,462,539.37 purchase price that means you need to have $1,692,507.87 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($84,625.39) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $1,692,507.87 |
Rent Ready Costs | $0 |
Closing Costs | $84,625.39 |
Seller Concessions | $0 |
Total Cost To Close: | $1,777,133.27 |
The monthly rent on this Property is $24,197.25 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$211,561 | $104,540 | $0 | $0 | $10,509 | $326,610 | |
$211,561 | $103,497 | $0 | $0 | $10,499 | $325,557 | |
$211,561 | $108,233 | $0 | $0 | $10,541 | $330,335 | |
$211,561 | -$96,299 | $171,280 | $0 | $26,483 | $313,025 | |
$211,561 | -$166,439 | $110,763 | $26,648 | $32,563 | $215,096 | |
$211,510 | -$299,652 | $51,125 | $43,614 | $43,031 | $49,628 | |
Totals: | $1,269,315 | -$246,120 | $333,168 | $70,262 | $133,626 | $1,560,252 |
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
- 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
- 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
- Final Month Summary
Reports