The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Frisco, Texas Rental Property 7 Property
Bought in Month 1177
We have a Rule that has you buying the Typical 25% Down Payment Frisco, 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 1177 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Frisco, Texas Rental Property 7 Property, we're assuming you're getting a 25% down payment loan. With a $10,791,998.25 purchase price that means you need to have $2,697,999.56 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($107,919.98) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $2,697,999.56 |
Rent Ready Costs | $0 |
Closing Costs | $107,919.98 |
Seller Concessions | $0 |
Total Cost To Close: | $2,805,919.55 |
The monthly rent on this Property is $53,259.29 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$324,558 | $206,446 | $0 | $0 | $33,823 | $564,828 | |
$324,558 | $205,053 | $0 | $0 | $33,811 | $563,422 | |
$324,558 | $203,663 | $0 | $0 | $33,798 | $562,020 | |
$324,558 | $205,053 | $0 | $0 | $33,811 | $563,422 | |
$324,558 | -$146,391 | $185,406 | $36,502 | $61,312 | $461,386 | |
$324,558 | -$264,881 | $127,107 | $49,055 | $70,791 | $306,630 | |
$324,493 | -$374,989 | $78,849 | $66,743 | $80,214 | $175,311 | |
Totals: | $2,271,843 | $33,955 | $391,362 | $152,300 | $347,559 | $3,197,020 |
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
- 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
- Final Month Summary
Reports