The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Murfreesboro, Tennessee Rental Property 8 Property
Bought in Month 674
We have a Rule that has you buying the Typical 20% Down Payment Murfreesboro, Tennessee 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 674 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 8 Property, we're assuming you're getting a 20% down payment loan. With a $1,888,032.54 purchase price that means you need to have $377,606.51 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($18,880.33) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $377,606.51 |
Rent Ready Costs | $0 |
Closing Costs | $18,880.33 |
Seller Concessions | $0 |
Total Cost To Close: | $396,486.83 |
The monthly rent on this Property is $10,468.81 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$56,781 | $74,464 | $0 | $0 | $3,912 | $135,157 | |
$56,781 | $75,012 | $0 | $0 | $3,917 | $135,710 | |
$56,781 | $73,104 | $0 | $0 | $3,900 | $133,785 | |
$56,781 | $8,394 | $35,392 | $6,292 | $9,101 | $115,960 | |
$56,781 | -$4,296 | $27,894 | $7,495 | $10,092 | $97,966 | |
$56,781 | -$16,623 | $22,811 | $8,688 | $11,078 | $82,735 | |
$56,781 | -$34,035 | $17,918 | $10,374 | $12,471 | $63,509 | |
$56,769 | -$37,433 | $14,023 | $11,677 | $12,743 | $57,779 | |
Totals: | $454,234 | $138,586 | $118,038 | $44,526 | $67,216 | $822,600 |
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
- 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
- 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports