The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Austin, Texas Rental Property 5 Property
Bought in Month 658
We have a Rule that has you buying the Typical 25% Down Payment Austin, Texas Rental Property 5 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 658 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Austin, Texas Rental Property 5 Property, we're assuming you're getting a 25% down payment loan. With a $2,548,941.37 purchase price that means you need to have $637,235.34 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($25,489.41) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $637,235.34 |
Rent Ready Costs | $0 |
Closing Costs | $25,489.41 |
Seller Concessions | $0 |
Total Cost To Close: | $662,724.76 |
The monthly rent on this Property is $15,080.47 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$76,657 | $75,932 | $0 | $0 | $8,144 | $160,733 | |
$76,657 | $77,119 | $0 | $0 | $8,154 | $161,930 | |
$76,657 | -$13,078 | $38,613 | $9,514 | $15,335 | $127,041 | |
$76,657 | -$37,609 | $29,000 | $11,904 | $17,122 | $97,075 | |
$76,641 | -$59,820 | $18,623 | $15,764 | $19,109 | $70,318 | |
Totals: | $383,269 | $42,544 | $86,236 | $37,182 | $67,865 | $617,096 |
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
- 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
- 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