The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Sioux Falls, South Dakota Rental Property 7 Property
Bought in Month 395
We have a Rule that has you buying the Typical 20% Down Payment Sioux Falls, South Dakota Rental Property 7 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 395 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Sioux Falls, South Dakota Rental Property 7 Property, we're assuming you're getting a 20% down payment loan. With a $711,296.83 purchase price that means you need to have $142,259.37 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($7,112.97) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $142,259.37 |
Rent Ready Costs | $0 |
Closing Costs | $7,112.97 |
Seller Concessions | $0 |
Total Cost To Close: | $149,372.33 |
The monthly rent on this Property is $4,955.02 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$21,392 | $0 | $0 | $0 | $1,628 | $23,019 | |
$21,392 | $10,007 | $15,350 | $2,138 | $3,860 | $52,746 | |
$21,392 | $6,891 | $12,303 | $2,515 | $4,178 | $47,278 | |
$21,392 | $2,471 | $10,231 | $2,880 | $4,474 | $41,447 | |
$21,392 | -$2,487 | $8,508 | $3,298 | $4,813 | $35,523 | |
$21,392 | -$6,727 | $7,219 | $3,721 | $5,164 | $30,767 | |
$21,392 | -$11,572 | $6,166 | $4,177 | $5,540 | $25,704 | |
$21,387 | -$9,024 | $5,283 | $4,399 | $5,440 | $27,485 | |
Totals: | $171,128 | -$10,440 | $65,059 | $23,127 | $35,097 | $283,970 |
* 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 $7,000 and a Ideal Target Monthly Income in Retirement™ of $11,000 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
- 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports