The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Plano, Texas Rental Property 10 Property
Bought in Month 782
We have a Rule that has you buying the Typical 20% Down Payment Plano, Texas Rental Property 10 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 782 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 10 Property, we're assuming you're getting a 20% down payment loan. With a $3,065,625.85 purchase price that means you need to have $613,125.17 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($30,656.26) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $613,125.17 |
Rent Ready Costs | $0 |
Closing Costs | $30,656.26 |
Seller Concessions | $0 |
Total Cost To Close: | $643,781.43 |
The monthly rent on this Property is $21,243.99 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$92,196 | $125,987 | $0 | $0 | $9,998 | $228,181 | |
$92,196 | $127,103 | $0 | $0 | $10,008 | $229,306 | |
$92,196 | $122,673 | $0 | $0 | $9,969 | $224,838 | |
$92,196 | $122,673 | $0 | $0 | $9,969 | $224,838 | |
$92,196 | $29,159 | $67,728 | $9,055 | $17,450 | $215,588 | |
$92,196 | $7,662 | $51,103 | $11,137 | $19,169 | $181,267 | |
$92,196 | -$6,772 | $43,506 | $12,534 | $20,324 | $161,787 | |
$92,196 | -$27,390 | $35,577 | $14,531 | $21,974 | $136,887 | |
$92,196 | -$46,224 | $30,288 | $16,355 | $23,480 | $116,094 | |
$92,177 | -$56,809 | $22,770 | $18,959 | $24,327 | $101,425 | |
Totals: | $921,937 | $398,063 | $250,972 | $82,571 | $166,667 | $1,820,210 |
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