The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Lewisville, Texas Rental Property 8 Property
Bought in Month 662
We have a Rule that has you buying the Typical 20% Down Payment Lewisville, Texas Rental Property 8 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 662 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 8 Property, we're assuming you're getting a 20% down payment loan. With a $1,864,990.06 purchase price that means you need to have $372,998.01 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($18,649.90) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $372,998.01 |
Rent Ready Costs | $0 |
Closing Costs | $18,649.90 |
Seller Concessions | $0 |
Total Cost To Close: | $391,647.91 |
The monthly rent on this Property is $12,827.90 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$56,088 | $71,909 | $0 | $0 | $6,281 | $134,278 | |
$56,088 | $73,250 | $0 | $0 | $6,293 | $135,631 | |
$56,088 | $70,913 | $0 | $0 | $6,272 | $133,273 | |
$56,088 | $8,815 | $33,807 | $6,370 | $11,568 | $116,648 | |
$56,088 | -$5,543 | $27,554 | $7,403 | $12,389 | $97,891 | |
$56,088 | -$16,925 | $22,009 | $8,732 | $13,507 | $83,411 | |
$56,088 | -$34,136 | $17,058 | $10,529 | $15,004 | $64,544 | |
$56,076 | -$38,276 | $13,852 | $11,534 | $15,007 | $58,194 | |
Totals: | $448,690 | $130,007 | $114,281 | $44,569 | $86,322 | $823,869 |
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
- 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
- Paid Off Mortgage
- 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
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports