The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Frisco, Texas Rental Property 6 Property
Bought in Month 1157
We have a Rule that has you buying the Typical 20% Down Payment Frisco, Texas Rental Property 6 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 1157 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Frisco, Texas Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $10,273,217.71 purchase price that means you need to have $2,054,643.54 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($102,732.18) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $2,054,643.54 |
Rent Ready Costs | $0 |
Closing Costs | $102,732.18 |
Seller Concessions | $0 |
Total Cost To Close: | $2,157,375.72 |
The monthly rent on this Property is $50,699.07 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$308,957 | $0 | $0 | $0 | $27,405 | $336,361 | |
$308,957 | $193,868 | $0 | $0 | $32,173 | $534,998 | |
$308,957 | $193,868 | $0 | $0 | $32,173 | $534,998 | |
$308,957 | $192,549 | $0 | $0 | $32,161 | $533,667 | |
$308,957 | -$156,987 | $188,741 | $34,747 | $60,951 | $436,409 | |
$308,957 | -$253,815 | $139,106 | $43,478 | $68,105 | $305,831 | |
$308,894 | -$410,805 | $76,303 | $63,535 | $80,429 | $118,357 | |
Totals: | $2,162,634 | -$241,321 | $404,150 | $141,759 | $333,397 | $2,800,620 |
* 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 $16,000 and a Ideal Target Monthly Income in Retirement™ of $24,000 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
- 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
- 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
- Final Month Summary
Reports