The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment McKinney, Texas Rental Property 8 Property
Bought in Month 854
We have a Rule that has you buying the Typical 20% Down Payment McKinney, 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 854 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 8 Property, we're assuming you're getting a 20% down payment loan. With a $3,688,543.10 purchase price that means you need to have $737,708.62 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($36,885.43) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $737,708.62 |
Rent Ready Costs | $0 |
Closing Costs | $36,885.43 |
Seller Concessions | $0 |
Total Cost To Close: | $774,594.05 |
The monthly rent on this Property is $24,465.09 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$110,929 | $129,672 | $0 | $0 | $12,804 | $253,406 | |
$110,929 | $130,960 | $0 | $0 | $12,816 | $254,705 | |
$110,929 | $125,215 | $0 | $0 | $12,765 | $248,909 | |
$110,929 | $125,215 | $0 | $0 | $12,765 | $248,909 | |
$110,929 | $5,255 | $70,077 | $12,172 | $22,872 | $221,306 | |
$110,929 | -$35,206 | $50,281 | $15,534 | $25,598 | $167,137 | |
$110,929 | -$60,757 | $41,118 | $18,008 | $27,642 | $136,940 | |
$110,907 | -$90,737 | $27,396 | $22,812 | $30,041 | $100,419 | |
Totals: | $887,411 | $329,618 | $188,873 | $68,526 | $157,303 | $1,631,731 |
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