The Real Estate Financial Planner Blueprint™
04 1 5% Down Primary Then 9 25% Down Rental Properties
Purchased Typical 25% Down Payment Garland, Texas Rental Property 6 Property
Bought in Month 396
We have a Rule that has you buying the Typical 25% Down Payment Garland, Texas Rental Property 6 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 396 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Garland, Texas Rental Property 6 Property, we're assuming you're getting a 25% down payment loan. With a $702,422.86 purchase price that means you need to have $175,605.72 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($7,024.23) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $175,605.72 |
Rent Ready Costs | $0 |
Closing Costs | $7,024.23 |
Seller Concessions | $0 |
Total Cost To Close: | $182,629.94 |
The monthly rent on this Property is $5,000.58 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$21,125 | $0 | $0 | $0 | $1,959 | $23,084 | |
$21,125 | $8,347 | $13,346 | $2,196 | $4,093 | $49,106 | |
$21,125 | $3,035 | $10,508 | $2,648 | $4,426 | $41,740 | |
$21,125 | -$712 | $8,591 | $3,100 | $4,772 | $36,875 | |
$21,125 | -$5,607 | $7,226 | $3,550 | $5,105 | $31,399 | |
$21,125 | -$9,446 | $6,021 | $4,095 | $5,529 | $27,323 | |
$21,120 | -$8,482 | $5,132 | $4,344 | $5,451 | $27,566 | |
Totals: | $147,868 | -$12,865 | $50,824 | $19,932 | $31,335 | $237,095 |
* 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
- 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
- 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
- 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