The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Grand Prairie, Texas Rental Property 6 Property
Bought in Month 401
We have a Rule that has you buying the Typical 20% Down Payment Grand Prairie, 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 401 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Grand Prairie, Texas Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $763,764.63 purchase price that means you need to have $152,752.93 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($7,637.65) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $152,752.93 |
Rent Ready Costs | $0 |
Closing Costs | $7,637.65 |
Seller Concessions | $0 |
Total Cost To Close: | $160,390.57 |
The monthly rent on this Property is $5,906.31 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$22,969 | $0 | $0 | $0 | $2,300 | $25,270 | |
$22,969 | $9,307 | $16,372 | $2,307 | $4,756 | $55,711 | |
$22,969 | $6,367 | $12,947 | $2,741 | $5,128 | $50,153 | |
$22,969 | $1,784 | $10,623 | $3,169 | $5,481 | $44,027 | |
$22,969 | -$5,097 | $8,600 | $3,701 | $5,908 | $36,082 | |
$22,969 | -$9,377 | $7,057 | $4,280 | $6,402 | $31,331 | |
$22,965 | -$11,289 | $5,673 | $4,724 | $6,444 | $28,517 | |
$5,801 | $154 | $1,027 | $1,207 | $1,393 | $9,584 | |
Totals: | $166,583 | -$8,151 | $62,299 | $22,129 | $37,813 | $280,673 |
* 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 $8,000 and a Ideal Target Monthly Income in Retirement™ of $12,000 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