The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Garland, Texas Rental Property 9 Property
Bought in Month 600
We have a Rule that has you buying the Typical 25% 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 600 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 9 Property, we're assuming you're getting a 25% down payment loan. With a $1,160,997.96 purchase price that means you need to have $290,249.49 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($11,609.98) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $290,249.49 |
Rent Ready Costs | $0 |
Closing Costs | $11,609.98 |
Seller Concessions | $0 |
Total Cost To Close: | $301,859.47 |
The monthly rent on this Property is $8,265.20 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$34,916 | $46,323 | $0 | $0 | $4,010 | $85,249 | |
$34,916 | $47,183 | $0 | $0 | $4,018 | $86,117 | |
$34,916 | $48,269 | $0 | $0 | $4,027 | $87,213 | |
$34,916 | $11,601 | $21,851 | $3,656 | $6,769 | $78,793 | |
$34,916 | $3,668 | $16,777 | $4,497 | $7,404 | $67,261 | |
$34,916 | -$1,659 | $14,425 | $5,061 | $7,830 | $60,573 | |
$34,916 | -$7,247 | $12,210 | $5,767 | $8,372 | $54,017 | |
$34,916 | -$14,402 | $10,665 | $6,411 | $8,849 | $46,439 | |
$34,909 | -$14,019 | $8,483 | $7,180 | $9,010 | $45,563 | |
Totals: | $314,236 | $119,718 | $84,410 | $32,571 | $60,289 | $611,225 |
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