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 10 Property
Bought in Month 505
We have a Rule that has you buying the Typical 25% Down Payment Sioux Falls, South Dakota Rental Property 10 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 505 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 10 Property, we're assuming you're getting a 25% down payment loan. With a $932,664.46 purchase price that means you need to have $233,166.12 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($9,326.64) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $233,166.12 |
Rent Ready Costs | $0 |
Closing Costs | $9,326.64 |
Seller Concessions | $0 |
Total Cost To Close: | $242,492.76 |
The monthly rent on this Property is $6,497.11 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$28,049 | $41,727 | $0 | $0 | $2,742 | $72,518 | |
$28,049 | $43,260 | $0 | $0 | $2,756 | $74,065 | |
$28,049 | $15,428 | $18,931 | $2,769 | $4,831 | $70,007 | |
$28,049 | $12,629 | $16,023 | $3,155 | $5,130 | $64,986 | |
$28,049 | $8,980 | $13,734 | $3,559 | $5,437 | $59,759 | |
$28,049 | $3,111 | $11,625 | $4,056 | $5,801 | $52,642 | |
$28,049 | -$1,693 | $9,995 | $4,565 | $6,186 | $47,101 | |
$28,049 | -$4,207 | $9,210 | $4,866 | $6,417 | $44,336 | |
$28,049 | -$8,556 | $8,276 | $5,292 | $6,735 | $39,796 | |
$28,043 | -$6,706 | $6,814 | $5,768 | $6,753 | $40,673 | |
Totals: | $280,484 | $103,973 | $94,609 | $34,029 | $52,788 | $565,882 |
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