The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Midland, Texas Rental Property 9 Property
Bought in Month 395
We have a Rule that has you buying the Typical 20% Down Payment Midland, 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 395 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Midland, Texas Rental Property 9 Property, we're assuming you're getting a 20% down payment loan. With a $678,498.24 purchase price that means you need to have $135,699.65 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($6,784.98) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $135,699.65 |
Rent Ready Costs | $0 |
Closing Costs | $6,784.98 |
Seller Concessions | $0 |
Total Cost To Close: | $142,484.63 |
The monthly rent on this Property is $5,126.84 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$20,405 | $0 | $0 | $0 | $1,705 | $22,110 | |
$20,405 | $12,740 | $15,091 | $1,994 | $3,838 | $54,069 | |
$20,405 | $9,234 | $12,466 | $2,295 | $4,083 | $48,482 | |
$20,405 | $6,259 | $10,612 | $2,583 | $4,321 | $44,181 | |
$20,405 | $4,097 | $9,249 | $2,857 | $4,554 | $41,162 | |
$20,405 | -$83 | $8,115 | $3,146 | $4,781 | $36,364 | |
$20,405 | -$3,005 | $7,145 | $3,454 | $5,038 | $33,037 | |
$20,405 | -$6,313 | $6,332 | $3,774 | $5,303 | $29,502 | |
$20,405 | -$9,983 | $5,650 | $4,104 | $5,573 | $25,749 | |
$20,401 | -$6,235 | $5,039 | $4,196 | $5,380 | $28,782 | |
Totals: | $204,047 | $6,711 | $79,699 | $28,404 | $44,577 | $363,439 |
* 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 $7,000 and a Ideal Target Monthly Income in Retirement™ of $11,000 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
- 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
- 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
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports