The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Denton, Texas Rental Property 7 Property
Bought in Month 678
We have a Rule that has you buying the Typical 25% 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 678 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Denton, Texas Rental Property 7 Property, we're assuming you're getting a 25% down payment loan. With a $1,779,184.52 purchase price that means you need to have $444,796.13 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($17,791.85) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $444,796.13 |
Rent Ready Costs | $0 |
Closing Costs | $17,791.85 |
Seller Concessions | $0 |
Total Cost To Close: | $462,587.98 |
The monthly rent on this Property is $11,101.09 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$53,507 | $56,469 | $0 | $0 | $6,001 | $115,977 | |
$53,507 | $57,347 | $0 | $0 | $6,008 | $116,862 | |
$53,507 | $55,598 | $0 | $0 | $5,993 | $115,098 | |
$53,507 | -$4,202 | $29,341 | $6,214 | $10,674 | $95,535 | |
$53,507 | -$17,684 | $22,528 | $7,642 | $11,753 | $77,746 | |
$53,507 | -$31,680 | $17,961 | $9,125 | $12,873 | $61,786 | |
$53,496 | -$40,010 | $12,999 | $11,003 | $13,641 | $51,131 | |
Totals: | $374,539 | $75,837 | $82,830 | $33,984 | $66,944 | $634,134 |
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
- 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
- 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports