The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Pearland, Texas Rental Property 7 Property
Bought in Month 698
We have a Rule that has you buying the Typical 20% Down Payment Pearland, Texas Rental Property 7 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 698 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 7 Property, we're assuming you're getting a 20% down payment loan. With a $1,771,082.89 purchase price that means you need to have $354,216.58 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($17,710.83) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $354,216.58 |
Rent Ready Costs | $0 |
Closing Costs | $17,710.83 |
Seller Concessions | $0 |
Total Cost To Close: | $371,927.41 |
The monthly rent on this Property is $12,772.31 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$53,264 | $63,887 | $0 | $0 | $6,989 | $124,140 | |
$53,264 | $62,885 | $0 | $0 | $6,981 | $123,129 | |
$53,264 | $61,560 | $0 | $0 | $6,969 | $121,792 | |
$53,264 | $3,825 | $33,874 | $5,816 | $11,794 | $108,573 | |
$53,264 | -$12,640 | $24,799 | $7,313 | $13,023 | $85,759 | |
$53,264 | -$33,174 | $18,217 | $9,173 | $14,548 | $62,026 | |
$53,253 | -$42,131 | $13,155 | $10,953 | $15,264 | $50,493 | |
Totals: | $372,834 | $104,210 | $90,045 | $33,255 | $75,567 | $675,912 |
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