The Real Estate Financial Planner Blueprint™
04 1 5% Down Primary Then 9 25% Down Rental Properties
Purchased Typical 25% Down Payment McKinney, Texas Rental Property 9 Property
Bought in Month 704
We have a Rule that has you buying the Typical 25% Down Payment McKinney, 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 704 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment McKinney, Texas Rental Property 9 Property, we're assuming you're getting a 25% down payment loan. With a $2,549,115.73 purchase price that means you need to have $637,278.93 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($25,491.16) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $637,278.93 |
Rent Ready Costs | $0 |
Closing Costs | $25,491.16 |
Seller Concessions | $0 |
Total Cost To Close: | $662,770.09 |
The monthly rent on this Property is $16,907.58 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$76,662 | $0 | $0 | $0 | $7,248 | $83,910 | |
$76,662 | $87,858 | $0 | $0 | $8,834 | $173,354 | |
$76,662 | $89,182 | $0 | $0 | $8,846 | $174,690 | |
$76,662 | $13,528 | $48,432 | $7,968 | $14,859 | $161,450 | |
$76,662 | $5,026 | $41,123 | $9,057 | $15,697 | $147,566 | |
$76,662 | -$5,284 | $35,138 | $10,244 | $16,601 | $133,361 | |
$76,662 | -$17,420 | $30,213 | $11,530 | $17,572 | $118,557 | |
$76,662 | -$32,670 | $26,893 | $12,630 | $18,360 | $101,875 | |
$76,662 | -$46,885 | $22,620 | $14,463 | $19,771 | $86,630 | |
$76,647 | -$47,884 | $18,625 | $15,765 | $19,811 | $82,963 | |
Totals: | $766,605 | $45,451 | $223,043 | $81,658 | $147,599 | $1,264,356 |
* 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 $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
- 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
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- 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
- Final Month Summary
Reports