The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Plano, Texas Rental Property 8 Property
Bought in Month 674
We have a Rule that has you buying the Typical 20% Down Payment Plano, Texas Rental Property 8 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 674 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Plano, Texas Rental Property 8 Property, we're assuming you're getting a 20% down payment loan. With a $2,349,546.95 purchase price that means you need to have $469,909.39 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($23,495.47) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $469,909.39 |
Rent Ready Costs | $0 |
Closing Costs | $23,495.47 |
Seller Concessions | $0 |
Total Cost To Close: | $493,404.86 |
The monthly rent on this Property is $16,281.75 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$70,660 | $96,559 | $0 | $0 | $7,663 | $174,881 | |
$70,660 | $97,414 | $0 | $0 | $7,670 | $175,744 | |
$70,660 | $94,019 | $0 | $0 | $7,640 | $172,319 | |
$70,660 | $13,353 | $44,191 | $7,811 | $14,093 | $150,109 | |
$70,660 | $505 | $36,138 | $9,055 | $15,121 | $131,479 | |
$70,660 | -$20,992 | $27,267 | $11,137 | $16,841 | $104,913 | |
$70,660 | -$35,427 | $23,213 | $12,534 | $17,996 | $88,977 | |
$70,646 | -$43,539 | $17,451 | $14,531 | $18,645 | $77,733 | |
Totals: | $565,268 | $201,891 | $148,260 | $55,068 | $105,669 | $1,076,155 |
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 $12,000 and a Ideal Target Monthly Income in Retirement™ of $18,000 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
- 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
- Achieved Financial Independence Goal
- 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
- Paid Off Mortgage
- Final Month Summary
Reports