The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Sioux Falls, South Dakota Rental Property 8 Property
Bought in Month 436
We have a Rule that has you buying the Typical 25% Down Payment Sioux Falls, South Dakota Rental Property 8 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 436 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Sioux Falls, South Dakota Rental Property 8 Property, we're assuming you're getting a 25% down payment loan. With a $786,885.22 purchase price that means you need to have $196,721.31 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($7,868.85) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $196,721.31 |
Rent Ready Costs | $0 |
Closing Costs | $7,868.85 |
Seller Concessions | $0 |
Total Cost To Close: | $204,590.16 |
The monthly rent on this Property is $5,481.59 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$23,665 | $35,206 | $0 | $0 | $2,314 | $61,184 | |
$23,665 | $14,069 | $15,624 | $2,376 | $4,119 | $59,854 | |
$23,665 | $8,933 | $12,855 | $2,769 | $4,403 | $52,624 | |
$23,665 | $6,002 | $10,881 | $3,155 | $4,701 | $48,403 | |
$23,665 | $2,326 | $9,326 | $3,559 | $5,007 | $43,884 | |
$23,665 | -$3,358 | $7,894 | $4,056 | $5,373 | $37,630 | |
$23,665 | -$8,162 | $6,788 | $4,565 | $5,758 | $32,613 | |
$23,660 | -$6,992 | $5,749 | $4,866 | $5,689 | $32,973 | |
Totals: | $189,313 | $48,025 | $69,117 | $25,345 | $37,364 | $369,164 |
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
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- 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