The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Austin, Texas Rental Property 9 Property
Bought in Month 943
We have a Rule that has you buying the Typical 20% Down Payment Austin, Texas Rental Property 9 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 943 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Austin, Texas Rental Property 9 Property, we're assuming you're getting a 20% down payment loan. With a $5,143,324.59 purchase price that means you need to have $1,028,664.92 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($51,433.25) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $1,028,664.92 |
Rent Ready Costs | $0 |
Closing Costs | $51,433.25 |
Seller Concessions | $0 |
Total Cost To Close: | $1,080,098.16 |
The monthly rent on this Property is $30,429.79 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$154,680 | $0 | $0 | $0 | $13,564 | $168,244 | |
$154,680 | $154,814 | $0 | $0 | $16,447 | $325,941 | |
$154,680 | $154,016 | $0 | $0 | $16,440 | $325,136 | |
$154,680 | $150,843 | $0 | $0 | $16,412 | $321,935 | |
$154,680 | $153,220 | $0 | $0 | $16,433 | $324,333 | |
$154,680 | -$9,960 | $110,623 | $15,494 | $29,206 | $300,044 | |
$154,680 | -$50,321 | $78,054 | $20,019 | $33,000 | $235,432 | |
$154,680 | -$83,461 | $64,044 | $23,150 | $35,580 | $193,993 | |
$154,680 | -$122,477 | $53,796 | $26,313 | $38,137 | $150,451 | |
$154,649 | -$149,115 | $38,201 | $31,809 | $40,620 | $116,164 | |
Totals: | $1,546,772 | $197,557 | $344,719 | $116,785 | $255,839 | $2,461,672 |
* 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 $13,000 and a Ideal Target Monthly Income in Retirement™ of $20,000 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
- 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
- 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
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Final Month Summary
Reports