The Real Estate Financial Planner Blueprint™
04 1 5% Down Primary Then 9 25% Down Rental Properties
Purchased Typical 25% Down Payment Charleston, South Carolina Rental Property 6 Property
Bought in Month 1174
We have a Rule that has you buying the Typical 25% 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 1174 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Charleston, South Carolina Rental Property 6 Property, we're assuming you're getting a 25% down payment loan. With a $8,115,487.89 purchase price that means you need to have $2,028,871.97 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($81,154.88) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $2,028,871.97 |
Rent Ready Costs | $0 |
Closing Costs | $81,154.88 |
Seller Concessions | $0 |
Total Cost To Close: | $2,110,026.85 |
The monthly rent on this Property is $23,204.91 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$244,065 | $0 | $0 | $0 | $9,946 | $254,011 | |
$244,065 | $123,634 | $0 | $0 | $12,150 | $379,849 | |
$244,065 | $118,796 | $0 | $0 | $12,107 | $374,968 | |
$244,065 | $123,634 | $0 | $0 | $12,150 | $379,849 | |
$244,065 | -$138,554 | $138,549 | $27,585 | $32,963 | $304,607 | |
$244,065 | -$217,217 | $99,573 | $35,727 | $39,095 | $201,242 | |
$244,016 | -$311,429 | $59,294 | $50,190 | $46,955 | $89,026 | |
Totals: | $1,708,406 | -$301,137 | $297,416 | $113,501 | $165,364 | $1,983,551 |
* 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
- 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
- Final Month Summary
Reports