The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Frisco, Texas Rental Property 2 Property
Bought in Month 490
We have a Rule that has you buying the Typical 20% Down Payment Frisco, Texas Rental Property 2 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 490 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 2 Property, we're assuming you're getting a 20% down payment loan. With a $1,986,875.94 purchase price that means you need to have $397,375.19 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($19,868.76) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $397,375.19 |
Rent Ready Costs | $0 |
Closing Costs | $19,868.76 |
Seller Concessions | $0 |
Total Cost To Close: | $417,243.95 |
The monthly rent on this Property is $9,805.38 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$59,753 | $38,523 | $0 | $0 | $6,232 | $104,508 | |
$59,741 | -$78,233 | $14,757 | $12,288 | $15,572 | $24,125 | |
Totals: | $119,494 | -$39,711 | $14,757 | $12,288 | $21,804 | $128,633 |
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