The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Carrollton, Texas Rental Property 10 Property
Bought in Month 602
We have a Rule that has you buying the Typical 20% Down Payment Carrollton, Texas Rental Property 10 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 602 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 10 Property, we're assuming you're getting a 20% down payment loan. With a $1,637,911.37 purchase price that means you need to have $327,582.27 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($16,379.11) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $327,582.27 |
Rent Ready Costs | $0 |
Closing Costs | $16,379.11 |
Seller Concessions | $0 |
Total Cost To Close: | $343,961.39 |
The monthly rent on this Property is $12,505.17 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$49,259 | $78,169 | $0 | $0 | $5,478 | $132,905 | |
$49,259 | $77,197 | $0 | $0 | $5,469 | $131,925 | |
$49,259 | $77,197 | $0 | $0 | $5,469 | $131,925 | |
$49,259 | $24,192 | $33,388 | $5,133 | $9,709 | $121,680 | |
$49,259 | $13,906 | $26,227 | $6,129 | $10,532 | $106,052 | |
$49,259 | $6,405 | $22,104 | $6,949 | $11,219 | $95,936 | |
$49,259 | -$2,979 | $19,008 | $7,764 | $11,883 | $84,935 | |
$49,259 | -$10,413 | $16,847 | $8,483 | $12,478 | $76,653 | |
$49,259 | -$18,537 | $14,931 | $9,270 | $13,128 | $68,050 | |
$49,249 | -$18,697 | $12,165 | $10,130 | $13,141 | $65,987 | |
Totals: | $492,575 | $226,440 | $144,670 | $53,857 | $98,506 | $1,016,048 |
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