The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment McKinney, Texas Rental Property 7 Property
Bought in Month 758
We have a Rule that has you buying the Typical 20% Down Payment McKinney, 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 758 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment McKinney, Texas Rental Property 7 Property, we're assuming you're getting a 20% down payment loan. With a $2,911,769.98 purchase price that means you need to have $582,354 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($29,117.70) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $582,354 |
Rent Ready Costs | $0 |
Closing Costs | $29,117.70 |
Seller Concessions | $0 |
Total Cost To Close: | $611,471.70 |
The monthly rent on this Property is $19,312.97 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$87,569 | $102,365 | $0 | $0 | $10,108 | $200,041 | |
$87,569 | $103,381 | $0 | $0 | $10,117 | $201,067 | |
$87,569 | $98,846 | $0 | $0 | $10,077 | $196,491 | |
$87,569 | $1,789 | $57,014 | $9,398 | $17,841 | $173,611 | |
$87,569 | -$22,324 | $40,094 | $12,172 | $20,173 | $137,684 | |
$87,569 | -$61,575 | $28,768 | $15,534 | $22,910 | $93,205 | |
$87,551 | -$71,628 | $21,627 | $18,008 | $23,715 | $79,272 | |
Totals: | $612,962 | $150,853 | $147,503 | $55,112 | $114,941 | $1,081,370 |
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 $12,000 and a Ideal Target Monthly Income in Retirement™ of $18,000 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
- 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
- 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
- Final Month Summary
Reports