The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Murfreesboro, Tennessee Rental Property 7 Property
Bought in Month 511
We have a Rule that has you buying the Typical 20% Down Payment Murfreesboro, Tennessee Rental Property 7 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 511 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Murfreesboro, Tennessee Rental Property 7 Property, we're assuming you're getting a 20% down payment loan. With a $1,263,680.18 purchase price that means you need to have $252,736.04 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($12,636.80) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $252,736.04 |
Rent Ready Costs | $0 |
Closing Costs | $12,636.80 |
Seller Concessions | $0 |
Total Cost To Close: | $265,372.84 |
The monthly rent on this Property is $7,006.88 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$38,004 | $0 | $0 | $0 | $1,958 | $39,962 | |
$38,004 | $49,845 | $0 | $0 | $2,619 | $90,467 | |
$38,004 | $7,961 | $24,496 | $4,109 | $6,018 | $80,589 | |
$38,004 | -$2,126 | $18,858 | $4,979 | $6,728 | $66,444 | |
$38,004 | -$12,105 | $14,813 | $5,946 | $7,526 | $54,184 | |
$38,004 | -$15,759 | $13,486 | $6,370 | $7,883 | $49,985 | |
$38,004 | -$24,018 | $11,558 | $7,134 | $8,512 | $41,190 | |
$37,996 | -$24,314 | $9,386 | $7,815 | $8,552 | $39,434 | |
Totals: | $304,024 | -$20,515 | $92,598 | $36,354 | $49,796 | $462,256 |
* Denotes a property that had no rent for at least part of the period covered. |
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 $8,000 and a Ideal Target Monthly Income in Retirement™ of $12,000 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
- 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
- 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Paid Off Mortgage
- 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
- Final Month Summary
Reports