The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Clarksville, Tennessee Rental Property 10 Property
Bought in Month 560
We have a Rule that has you buying the Typical 20% Down Payment Clarksville, Tennessee 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 560 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Clarksville, Tennessee Rental Property 10 Property, we're assuming you're getting a 20% down payment loan. With a $1,003,548.04 purchase price that means you need to have $200,709.61 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($10,035.48) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $200,709.61 |
Rent Ready Costs | $0 |
Closing Costs | $10,035.48 |
Seller Concessions | $0 |
Total Cost To Close: | $210,745.09 |
The monthly rent on this Property is $6,241.39 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$30,181 | $46,323 | $0 | $0 | $2,237 | $78,740 | |
$30,181 | $46,488 | $0 | $0 | $2,239 | $78,907 | |
$30,181 | $45,830 | $0 | $0 | $2,233 | $78,244 | |
$30,181 | $12,857 | $20,873 | $3,099 | $4,784 | $71,793 | |
$30,181 | $6,647 | $16,396 | $3,700 | $5,281 | $62,204 | |
$30,181 | $561 | $13,408 | $4,289 | $5,768 | $54,206 | |
$30,181 | -$3,547 | $11,883 | $4,687 | $6,096 | $49,301 | |
$30,181 | -$8,035 | $10,532 | $5,122 | $6,455 | $44,255 | |
$30,181 | -$12,939 | $9,334 | $5,596 | $6,848 | $39,020 | |
$30,175 | -$13,075 | $7,454 | $6,206 | $6,945 | $37,705 | |
Totals: | $301,801 | $121,110 | $89,879 | $32,699 | $48,886 | $594,374 |
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 $6,000 and a Ideal Target Monthly Income in Retirement™ of $9,000 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
- 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
- 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
- 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
- Paid Off Mortgage
- Final Month Summary
Reports