The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Pearland, Texas Rental Property 4 Property
Bought in Month 406
We have a Rule that has you buying the Typical 20% Down Payment Pearland, Texas Rental Property 4 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 406 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Pearland, Texas Rental Property 4 Property, we're assuming you're getting a 20% down payment loan. With a $862,713.15 purchase price that means you need to have $172,542.63 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($8,627.13) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $172,542.63 |
Rent Ready Costs | $0 |
Closing Costs | $8,627.13 |
Seller Concessions | $0 |
Total Cost To Close: | $181,169.76 |
The monthly rent on this Property is $6,221.53 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$25,945 | $0 | $0 | $0 | $2,816 | $28,761 | |
$25,945 | $2,623 | $16,836 | $2,791 | $5,714 | $53,910 | |
$25,945 | -$6,518 | $11,919 | $3,598 | $6,373 | $41,316 | |
$25,945 | -$16,103 | $8,438 | $4,637 | $7,241 | $30,158 | |
$25,940 | -$19,451 | $6,408 | $5,335 | $7,465 | $25,697 | |
Totals: | $129,721 | -$39,450 | $43,601 | $16,361 | $29,609 | $179,842 |
* 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 $9,000 and a Ideal Target Monthly Income in Retirement™ of $14,000 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
- 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
- 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
- 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