The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)

Purchased Typical 20% Down Payment Knoxville, Tennessee Rental Property 1 Property
Bought in Month 67

We have a Rule that has you buying the Typical 20% Down Payment Knoxville, Tennessee Rental Property 1 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 67 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical 20% Down Payment Knoxville, Tennessee Rental Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $327,924.92 purchase price that means you need to have $65,584.98 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($3,279.25) minus any seller concessions ($0).

Description Amount
Down Payment $65,584.98
Rent Ready Costs $0
Closing Costs $3,279.25
Seller Concessions $0
Total Cost To Close: $68,864.23

The monthly rent on this Property is $2,656.03 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Typical 20% Down Payment Knoxville, Tennessee Rental Property 1 $9,860 $1,831 $2,436 $2,028 $2,358 $18,513
Totals: $9,860 $1,831 $2,436 $2,028 $2,358 $18,513

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  Goal of financial independence, let's look at the Phases of Financial Independence™.

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