The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Austin, Texas Rental Property 6 Property
Bought in Month 833
We have a Rule that has you buying the Typical 20% Down Payment Austin, Texas Rental Property 6 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 833 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 6 Property, we're assuming you're getting a 20% down payment loan. With a $3,922,558 purchase price that means you need to have $784,511.60 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($39,225.58) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $784,511.60 |
Rent Ready Costs | $0 |
Closing Costs | $39,225.58 |
Seller Concessions | $0 |
Total Cost To Close: | $823,737.18 |
The monthly rent on this Property is $23,207.29 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$117,967 | $115,640 | $0 | $0 | $12,521 | $246,129 | |
$117,967 | $119,287 | $0 | $0 | $12,554 | $249,808 | |
$117,967 | $115,640 | $0 | $0 | $12,521 | $246,129 | |
$117,967 | -$32,239 | $66,049 | $14,145 | $24,192 | $190,113 | |
$117,967 | -$76,760 | $45,982 | $18,456 | $27,753 | $133,398 | |
$117,943 | -$114,726 | $29,134 | $24,259 | $30,951 | $87,561 | |
Totals: | $707,778 | $126,844 | $141,165 | $56,859 | $120,492 | $1,153,139 |
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