The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Mesquite, Texas Rental Property 10 Property
Bought in Month 854
We have a Rule that has you buying the Typical 20% Down Payment Mesquite, Texas Rental Property 10 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 Mesquite, Texas Rental Property 10 Property, we're assuming you're getting a 20% down payment loan. With a $1,985,829.81 purchase price that means you need to have $397,165.96 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($19,858.30) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $397,165.96 |
Rent Ready Costs | $0 |
Closing Costs | $19,858.30 |
Seller Concessions | $0 |
Total Cost To Close: | $417,024.26 |
The monthly rent on this Property is $16,327.23 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$59,722 | $107,751 | $0 | $0 | $6,925 | $174,397 | |
$59,722 | $105,610 | $0 | $0 | $6,906 | $172,238 | |
$59,722 | $103,917 | $0 | $0 | $6,891 | $170,529 | |
$59,722 | $103,917 | $0 | $0 | $6,891 | $170,529 | |
$59,722 | $103,917 | $0 | $0 | $6,891 | $170,529 | |
$59,722 | $107,751 | $0 | $0 | $6,925 | $174,397 | |
$59,722 | $103,917 | $0 | $0 | $6,891 | $170,529 | |
$59,722 | $103,917 | $0 | $0 | $6,891 | $170,529 | |
$59,722 | -$12,153 | $18,103 | $11,239 | $16,176 | $93,087 | |
$59,710 | -$12,347 | $14,750 | $12,281 | $16,192 | $90,586 | |
Totals: | $597,206 | $816,196 | $32,852 | $23,521 | $87,576 | $1,557,351 |
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 $6,000 and a Ideal Target Monthly Income in Retirement™ of $9,000 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Achieved Financial Independence Goal
- 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
- 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
- Final Month Summary
Reports