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
Typical 20% Down Payment Plano, Texas Rental Property 1 $70,660 $96,559 $0 $0 $7,663 $174,881
Typical 20% Down Payment Plano, Texas Rental Property 2 $70,660 $97,414 $0 $0 $7,670 $175,744
Typical 20% Down Payment Plano, Texas Rental Property 3 $70,660 $94,019 $0 $0 $7,640 $172,319
Typical 20% Down Payment Plano, Texas Rental Property 4 $70,660 $13,353 $44,191 $7,811 $14,093 $150,109
Typical 20% Down Payment Plano, Texas Rental Property 5 $70,660 $505 $36,138 $9,055 $15,121 $131,479
Typical 20% Down Payment Plano, Texas Rental Property 6 $70,660 -$20,992 $27,267 $11,137 $16,841 $104,913
Typical 20% Down Payment Plano, Texas Rental Property 7 $70,660 -$35,427 $23,213 $12,534 $17,996 $88,977
Typical 20% Down Payment Plano, Texas Rental Property 8 $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  Goal of financial independence, let's look at the Phases of Financial Independence™.

Copy Scenario into my Real Estate Financial Planner™ Software Account

Blueprint™ Menu of Sections

Reports