The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Killeen, Texas Rental Property 7 Property
Bought in Month 385
We have a Rule that has you buying the Typical 20% Down Payment Killeen, 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 385 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Killeen, Texas Rental Property 7 Property, we're assuming you're getting a 20% down payment loan. With a $482,686.39 purchase price that means you need to have $96,537.28 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($4,826.86) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $96,537.28 |
Rent Ready Costs | $0 |
Closing Costs | $4,826.86 |
Seller Concessions | $0 |
Total Cost To Close: | $101,364.14 |
The monthly rent on this Property is $3,785.37 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$14,516 | $0 | $0 | $0 | $1,435 | $15,951 | |
$14,516 | $8,323 | $11,214 | $1,374 | $2,929 | $38,357 | |
$14,516 | $5,945 | $9,232 | $1,585 | $3,102 | $34,380 | |
$14,516 | $3,025 | $7,131 | $1,916 | $3,380 | $29,969 | |
$14,516 | -$1,272 | $5,812 | $2,227 | $3,627 | $24,910 | |
$14,516 | -$3,953 | $4,850 | $2,544 | $3,894 | $21,850 | |
$14,516 | -$7,144 | $4,074 | $2,891 | $4,185 | $18,521 | |
$14,513 | -$5,487 | $3,585 | $2,985 | $4,061 | $19,658 | |
Totals: | $116,127 | -$563 | $45,898 | $15,522 | $26,612 | $203,596 |
* 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 $5,000 and a Ideal Target Monthly Income in Retirement™ of $8,000 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
- 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
- Paid Off Mortgage
- Achieved Financial Independence Goal
- 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
- Paid Off Mortgage
- Final Month Summary
Reports