The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Pearland, Texas Rental Property 4 Property
Bought in Month 441
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 441 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 $940,390.70 purchase price that means you need to have $188,078.14 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($9,403.91) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $188,078.14 |
Rent Ready Costs | $0 |
Closing Costs | $9,403.91 |
Seller Concessions | $0 |
Total Cost To Close: | $197,482.05 |
The monthly rent on this Property is $6,781.71 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$28,281 | $33,926 | $0 | $0 | $3,712 | $65,918 | |
$28,281 | $2,278 | $18,600 | $3,013 | $6,196 | $58,368 | |
$28,281 | -$13,913 | $10,732 | $4,513 | $7,429 | $37,042 | |
$28,276 | -$21,404 | $6,985 | $5,816 | $8,138 | $27,810 | |
Totals: | $113,119 | $886 | $36,316 | $13,341 | $25,475 | $189,138 |
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
- 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
- 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
- Final Month Summary
Reports