The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Killeen, Texas Rental Property 5 Property
Bought in Month 408
We have a Rule that has you buying the Typical 20% Down Payment Killeen, Texas Rental Property 5 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 408 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 5 Property, we're assuming you're getting a 20% down payment loan. With a $510,822.16 purchase price that means you need to have $102,164.43 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($5,108.22) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $102,164.43 |
Rent Ready Costs | $0 |
Closing Costs | $5,108.22 |
Seller Concessions | $0 |
Total Cost To Close: | $107,272.65 |
The monthly rent on this Property is $4,006.02 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$15,362 | $24,037 | $0 | $0 | $1,901 | $41,300 | |
$15,362 | $7,396 | $11,173 | $1,520 | $3,148 | $38,600 | |
$15,362 | $2,049 | $7,446 | $2,048 | $3,585 | $30,491 | |
$15,362 | -$3,668 | $5,433 | $2,581 | $4,024 | $23,733 | |
$15,359 | -$5,947 | $3,794 | $3,159 | $4,299 | $20,666 | |
Totals: | $76,809 | $23,869 | $27,846 | $9,309 | $16,957 | $154,790 |
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
- 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports