The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Sioux Falls, South Dakota Rental Property 6 Property
Bought in Month 426
We have a Rule that has you buying the Typical 20% Down Payment Sioux Falls, South Dakota 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 426 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 6 Property, we're assuming you're getting a 20% down payment loan. With a $767,739.17 purchase price that means you need to have $153,547.83 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($7,677.39) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $153,547.83 |
Rent Ready Costs | $0 |
Closing Costs | $7,677.39 |
Seller Concessions | $0 |
Total Cost To Close: | $161,225.23 |
The monthly rent on this Property is $5,348.21 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$23,089 | $34,628 | $0 | $0 | $2,260 | $59,977 | |
$23,089 | $11,703 | $16,623 | $2,301 | $4,169 | $57,886 | |
$23,089 | $4,698 | $12,459 | $2,844 | $4,605 | $47,695 | |
$23,089 | -$2,055 | $9,401 | $3,498 | $5,145 | $39,078 | |
$23,089 | -$9,066 | $7,384 | $4,177 | $5,706 | $31,291 | |
$23,084 | -$10,464 | $5,702 | $4,748 | $5,867 | $28,938 | |
Totals: | $138,529 | $29,444 | $51,570 | $17,570 | $27,752 | $264,865 |
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
- 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
- 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
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports