The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Lewisville, Texas Rental Property 9 Property
Bought in Month 612
We have a Rule that has you buying the Typical 20% Down Payment Lewisville, 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 612 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Lewisville, Texas Rental Property 9 Property, we're assuming you're getting a 20% down payment loan. With a $1,648,876.34 purchase price that means you need to have $329,775.27 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($16,488.76) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $329,775.27 |
Rent Ready Costs | $0 |
Closing Costs | $16,488.76 |
Seller Concessions | $0 |
Total Cost To Close: | $346,264.03 |
The monthly rent on this Property is $11,341.41 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$49,588 | $0 | $0 | $0 | $4,490 | $54,078 | |
$49,588 | $65,064 | $0 | $0 | $5,567 | $120,219 | |
$49,588 | $65,662 | $0 | $0 | $5,572 | $120,823 | |
$49,588 | $11,132 | $34,410 | $5,079 | $9,750 | $109,958 | |
$49,588 | $534 | $27,303 | $6,020 | $10,519 | $93,963 | |
$49,588 | -$5,231 | $24,198 | $6,578 | $10,980 | $86,113 | |
$49,588 | -$13,757 | $20,601 | $7,403 | $11,662 | $75,498 | |
$49,588 | -$20,846 | $18,258 | $8,090 | $12,229 | $67,319 | |
$49,588 | -$30,776 | $15,082 | $9,309 | $13,261 | $56,464 | |
$49,578 | -$31,102 | $12,247 | $10,197 | $13,313 | $54,234 | |
Totals: | $495,873 | $40,680 | $152,098 | $52,675 | $97,343 | $838,670 |
* 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 $10,000 and a Ideal Target Monthly Income in Retirement™ of $15,000 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
- 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
- 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