The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Garland, Texas Rental Property 7 Property
Bought in Month 468
We have a Rule that has you buying the Typical 20% Down Payment Garland, 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 468 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Garland, Texas Rental Property 7 Property, we're assuming you're getting a 20% down payment loan. With a $838,729.62 purchase price that means you need to have $167,745.92 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($8,387.30) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $167,745.92 |
Rent Ready Costs | $0 |
Closing Costs | $8,387.30 |
Seller Concessions | $0 |
Total Cost To Close: | $176,133.22 |
The monthly rent on this Property is $5,970.96 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$25,224 | $0 | $0 | $0 | $2,340 | $27,564 | |
$25,224 | $34,871 | $0 | $0 | $2,909 | $63,004 | |
$25,224 | $6,917 | $17,621 | $2,571 | $5,021 | $57,354 | |
$25,224 | -$236 | $12,814 | $3,248 | $5,579 | $46,629 | |
$25,224 | -$6,299 | $9,799 | $3,956 | $6,175 | $38,855 | |
$25,224 | -$9,992 | $8,627 | $4,344 | $6,499 | $34,701 | |
$25,224 | -$14,337 | $7,775 | $4,689 | $6,776 | $30,127 | |
$25,219 | -$14,353 | $6,230 | $5,187 | $6,847 | $29,130 | |
Totals: | $201,787 | -$3,429 | $62,866 | $23,995 | $42,147 | $327,365 |
* 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 $7,000 and a Ideal Target Monthly Income in Retirement™ of $11,000 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
- 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
- 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
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports