The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Carrollton, Texas Rental Property 8 Property
Bought in Month 530
We have a Rule that has you buying the Typical 20% Down Payment Carrollton, 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 530 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 8 Property, we're assuming you're getting a 20% down payment loan. With a $1,371,724.98 purchase price that means you need to have $274,345 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($13,717.25) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $274,345 |
Rent Ready Costs | $0 |
Closing Costs | $13,717.25 |
Seller Concessions | $0 |
Total Cost To Close: | $288,062.25 |
The monthly rent on this Property is $10,472.88 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$41,253 | $65,465 | $0 | $0 | $4,587 | $111,306 | |
$41,253 | $64,652 | $0 | $0 | $4,580 | $110,485 | |
$41,253 | $21,553 | $29,110 | $4,173 | $8,028 | $104,118 | |
$41,253 | $11,646 | $21,964 | $5,133 | $8,821 | $88,817 | |
$41,253 | $1,360 | $17,253 | $6,129 | $9,644 | $75,638 | |
$41,253 | -$6,299 | $14,541 | $6,949 | $10,329 | $66,773 | |
$41,253 | -$15,525 | $12,505 | $7,764 | $10,994 | $56,991 | |
$41,245 | -$15,658 | $10,188 | $8,483 | $11,005 | $55,263 | |
Totals: | $330,018 | $127,194 | $105,562 | $38,630 | $67,988 | $669,392 |
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
- 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
- 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
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports