The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Pearland, Texas Rental Property 5 Property
Bought in Month 534
We have a Rule that has you buying the Typical 20% Down Payment Pearland, Texas Rental Property 5 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 534 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 5 Property, we're assuming you're getting a 20% down payment loan. With a $1,182,488.20 purchase price that means you need to have $236,497.64 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($11,824.88) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $236,497.64 |
Rent Ready Costs | $0 |
Closing Costs | $11,824.88 |
Seller Concessions | $0 |
Total Cost To Close: | $248,322.52 |
The monthly rent on this Property is $8,527.61 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$35,562 | $42,659 | $0 | $0 | $4,667 | $82,888 | |
$35,562 | $41,990 | $0 | $0 | $4,661 | $82,213 | |
$35,562 | -$5,498 | $18,433 | $4,513 | $8,382 | $61,392 | |
$35,562 | -$17,403 | $13,050 | $5,816 | $9,472 | $46,497 | |
$35,555 | -$27,556 | $8,783 | $7,313 | $10,225 | $34,320 | |
Totals: | $177,804 | $34,192 | $40,266 | $17,642 | $37,407 | $307,310 |
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