The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Carrollton, Texas Rental Property 7 Property
Bought in Month 410
We have a Rule that has you buying the Typical 20% Down Payment Carrollton, Texas Rental Property 7 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 410 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Carrollton, Texas Rental Property 7 Property, we're assuming you're getting a 20% down payment loan. With a $1,020,692.21 purchase price that means you need to have $204,138.44 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($10,206.92) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $204,138.44 |
Rent Ready Costs | $0 |
Closing Costs | $10,206.92 |
Seller Concessions | $0 |
Total Cost To Close: | $214,345.36 |
The monthly rent on this Property is $7,792.81 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$30,696 | $0 | $0 | $0 | $2,682 | $33,379 | |
$30,696 | $17,024 | $21,087 | $3,167 | $6,039 | $78,014 | |
$30,696 | $10,460 | $16,676 | $3,763 | $6,528 | $68,123 | |
$30,696 | $3,899 | $13,821 | $4,320 | $6,981 | $59,717 | |
$30,696 | $509 | $11,885 | $4,826 | $7,415 | $55,332 | |
$30,696 | -$6,356 | $10,428 | $5,313 | $7,801 | $47,883 | |
$30,696 | -$11,169 | $9,089 | $5,877 | $8,276 | $42,769 | |
$30,690 | -$11,651 | $7,581 | $6,312 | $8,189 | $41,121 | |
$2,586 | $4,119 | $0 | $540 | $292 | $7,538 | |
Totals: | $248,150 | $6,834 | $90,567 | $34,119 | $54,203 | $433,874 |
* 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 $10,000 and a Ideal Target Monthly Income in Retirement™ of $15,000 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
- 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
- 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
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports