The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Garland, Texas Rental Property 7 Property
Bought in Month 511
We have a Rule that has you buying the Typical 25% 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 511 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 7 Property, we're assuming you're getting a 25% down payment loan. With a $932,442.45 purchase price that means you need to have $233,110.61 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($9,324.42) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $233,110.61 |
Rent Ready Costs | $0 |
Closing Costs | $9,324.42 |
Seller Concessions | $0 |
Total Cost To Close: | $242,435.04 |
The monthly rent on this Property is $6,638.10 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$28,042 | $37,206 | $0 | $0 | $3,221 | $68,469 | |
$28,042 | $37,896 | $0 | $0 | $3,227 | $69,165 | |
$28,042 | $10,848 | $17,385 | $2,958 | $5,468 | $64,701 | |
$28,042 | $2,525 | $13,264 | $3,656 | $5,980 | $53,467 | |
$28,042 | -$5,407 | $10,183 | $4,497 | $6,615 | $43,929 | |
$28,042 | -$10,734 | $8,756 | $5,061 | $7,041 | $38,166 | |
$28,037 | -$12,230 | $6,813 | $5,767 | $7,237 | $35,623 | |
Totals: | $196,290 | $60,103 | $56,401 | $21,938 | $38,789 | $373,521 |
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
- 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
- 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