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 9 Property
Bought in Month 543
We have a Rule that has you buying the Typical 20% Down Payment Garland, Texas Rental Property 9 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 543 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 9 Property, we're assuming you're getting a 20% down payment loan. With a $1,008,915.14 purchase price that means you need to have $201,783.03 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($10,089.15) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $201,783.03 |
Rent Ready Costs | $0 |
Closing Costs | $10,089.15 |
Seller Concessions | $0 |
Total Cost To Close: | $211,872.18 |
The monthly rent on this Property is $7,182.51 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$30,342 | $0 | $0 | $0 | $2,814 | $33,156 | |
$30,342 | $41,945 | $0 | $0 | $3,500 | $75,787 | |
$30,342 | $40,254 | $0 | $0 | $3,485 | $74,081 | |
$30,342 | $6,522 | $19,822 | $3,248 | $6,167 | $66,101 | |
$30,342 | $712 | $15,158 | $3,956 | $6,765 | $56,933 | |
$30,342 | -$2,918 | $13,344 | $4,344 | $7,089 | $52,202 | |
$30,342 | -$7,422 | $12,027 | $4,689 | $7,365 | $47,001 | |
$30,342 | -$11,624 | $10,482 | $5,187 | $7,785 | $42,173 | |
$30,342 | -$18,430 | $8,984 | $5,809 | $8,296 | $35,002 | |
$30,336 | -$18,894 | $7,494 | $6,240 | $8,217 | $33,392 | |
Totals: | $303,415 | $30,147 | $87,311 | $33,474 | $61,482 | $515,828 |
* 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