The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Arlington, Texas Rental Property 8 Property
Bought in Month 580
We have a Rule that has you buying the Typical 20% Down Payment Arlington, Texas 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 580 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Arlington, Texas Rental Property 8 Property, we're assuming you're getting a 20% down payment loan. With a $1,200,335.06 purchase price that means you need to have $240,067.01 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($12,003.35) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $240,067.01 |
Rent Ready Costs | $0 |
Closing Costs | $12,003.35 |
Seller Concessions | $0 |
Total Cost To Close: | $252,070.36 |
The monthly rent on this Property is $8,304.99 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$36,099 | $0 | $0 | $0 | $3,479 | $39,578 | |
$36,099 | $44,380 | $0 | $0 | $4,260 | $84,739 | |
$36,099 | $43,948 | $0 | $0 | $4,256 | $84,304 | |
$36,099 | $6,070 | $23,821 | $3,836 | $7,441 | $77,268 | |
$36,099 | -$5,447 | $17,853 | $4,741 | $8,170 | $61,416 | |
$36,099 | -$6,372 | $16,808 | $4,956 | $8,359 | $59,850 | |
$36,099 | -$16,703 | $13,471 | $5,831 | $9,070 | $47,768 | |
$36,099 | -$24,262 | $11,468 | $6,563 | $9,675 | $39,543 | |
$36,092 | -$26,505 | $8,915 | $7,423 | $9,893 | $35,818 | |
Totals: | $324,883 | $15,109 | $92,336 | $33,352 | $64,604 | $530,284 |
* 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
- 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
- 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
- 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
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports