The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Austin, Texas Rental Property 3 Property
Bought in Month 473
We have a Rule that has you buying the Typical 20% Down Payment Austin, Texas Rental Property 3 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 473 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 3 Property, we're assuming you're getting a 20% down payment loan. With a $1,616,041.96 purchase price that means you need to have $323,208.39 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($16,160.42) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $323,208.39 |
Rent Ready Costs | $0 |
Closing Costs | $16,160.42 |
Seller Concessions | $0 |
Total Cost To Close: | $339,368.81 |
The monthly rent on this Property is $9,561.09 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$48,601 | $47,642 | $0 | $0 | $5,159 | $101,402 | |
$48,601 | -$18,091 | $23,400 | $6,511 | $10,551 | $70,971 | |
$48,591 | -$47,266 | $12,003 | $9,994 | $12,751 | $36,074 | |
Totals: | $145,793 | -$17,715 | $35,403 | $16,505 | $28,461 | $208,447 |
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
- 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports