The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Frisco, Texas Rental Property 1 Property
Bought in Month 130
We have a Rule that has you buying the Typical 20% Down Payment Frisco, Texas Rental Property 1 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 130 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 1 Property, we're assuming you're getting a 20% down payment loan. With a $818,566.58 purchase price that means you need to have $163,713.32 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($8,185.67) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $163,713.32 |
Rent Ready Costs | $0 |
Closing Costs | $8,185.67 |
Seller Concessions | $0 |
Total Cost To Close: | $171,898.98 |
The monthly rent on this Property is $4,039.68 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$24,613 | -$32,231 | $6,080 | $5,062 | $6,415 | $9,939 | |
Totals: | $24,613 | -$32,231 | $6,080 | $5,062 | $6,415 | $9,939 |
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
- 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
- Final Month Summary
Reports