The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Arlington, Texas Rental Property 7 Property
Bought in Month 650
We have a Rule that has you buying the Typical 20% Down Payment Arlington, Texas 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 650 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 7 Property, we're assuming you're getting a 20% down payment loan. With a $1,426,219.28 purchase price that means you need to have $285,243.86 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($14,262.19) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $285,243.86 |
Rent Ready Costs | $0 |
Closing Costs | $14,262.19 |
Seller Concessions | $0 |
Total Cost To Close: | $299,506.05 |
The monthly rent on this Property is $9,867.86 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$42,892 | $54,544 | $0 | $0 | $5,078 | $102,514 | |
$42,892 | $53,762 | $0 | $0 | $5,071 | $101,725 | |
$42,892 | $51,705 | $0 | $0 | $5,053 | $99,650 | |
$42,892 | $1,270 | $25,767 | $4,884 | $9,087 | $83,900 | |
$42,892 | -$10,324 | $19,442 | $6,006 | $10,015 | $68,031 | |
$42,892 | -$22,361 | $15,272 | $7,172 | $10,978 | $53,953 | |
$42,883 | -$31,795 | $10,593 | $8,820 | $11,733 | $42,234 | |
Totals: | $300,236 | $96,802 | $71,074 | $26,882 | $57,014 | $552,008 |
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
- 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
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports