The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Austin, Texas Rental Property 8 Property
Bought in Month 904
We have a Rule that has you buying the Typical 25% Down Payment Austin, Texas Rental Property 8 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 904 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 8 Property, we're assuming you're getting a 25% down payment loan. With a $4,672,216.44 purchase price that means you need to have $1,168,054.11 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($46,722.16) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $1,168,054.11 |
Rent Ready Costs | $0 |
Closing Costs | $46,722.16 |
Seller Concessions | $0 |
Total Cost To Close: | $1,214,776.27 |
The monthly rent on this Property is $27,642.54 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$140,512 | $139,179 | $0 | $0 | $14,927 | $294,618 | |
$140,512 | $141,354 | $0 | $0 | $14,946 | $296,812 | |
$140,512 | $140,627 | $0 | $0 | $14,940 | $296,079 | |
$140,512 | $137,020 | $0 | $0 | $14,908 | $292,440 | |
$140,512 | -$7,438 | $80,521 | $15,764 | $26,850 | $256,209 | |
$140,512 | -$49,217 | $61,049 | $19,580 | $29,680 | $201,604 | |
$140,512 | -$76,582 | $48,828 | $23,322 | $32,576 | $168,656 | |
$140,484 | -$113,618 | $34,137 | $28,895 | $34,959 | $124,857 | |
Totals: | $1,124,069 | $311,326 | $224,535 | $87,560 | $183,785 | $1,931,275 |
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