The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Denton, Texas Rental Property 7 Property
Bought in Month 658
We have a Rule that has you buying the Typical 20% Down Payment Denton, 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 658 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Denton, Texas Rental Property 7 Property, we're assuming you're getting a 20% down payment loan. With a $1,693,657.60 purchase price that means you need to have $338,731.52 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($16,936.58) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $338,731.52 |
Rent Ready Costs | $0 |
Closing Costs | $16,936.58 |
Seller Concessions | $0 |
Total Cost To Close: | $355,668.10 |
The monthly rent on this Property is $10,567.45 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$50,935 | $0 | $0 | $0 | $4,711 | $55,646 | |
$50,935 | $54,870 | $0 | $0 | $5,722 | $111,527 | |
$50,935 | $54,032 | $0 | $0 | $5,715 | $110,682 | |
$50,935 | -$4,116 | $31,855 | $5,631 | $10,366 | $94,671 | |
$50,935 | -$11,995 | $27,578 | $6,260 | $10,874 | $83,652 | |
$50,935 | -$23,856 | $21,089 | $7,623 | $12,020 | $67,811 | |
$50,935 | -$42,406 | $16,510 | $9,125 | $13,234 | $47,398 | |
$50,925 | -$45,509 | $12,580 | $10,474 | $13,678 | $42,148 | |
Totals: | $407,470 | -$18,979 | $109,612 | $39,113 | $76,320 | $613,535 |
* 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 $9,000 and a Ideal Target Monthly Income in Retirement™ of $14,000 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
- 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
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports