The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Richardson, Texas Rental Property 4 Property
Bought in Month 452
We have a Rule that has you buying the Typical 20% Down Payment Richardson, Texas Rental Property 4 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 452 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Richardson, Texas Rental Property 4 Property, we're assuming you're getting a 20% down payment loan. With a $1,197,449.55 purchase price that means you need to have $239,489.91 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($11,974.50) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $239,489.91 |
Rent Ready Costs | $0 |
Closing Costs | $11,974.50 |
Seller Concessions | $0 |
Total Cost To Close: | $251,464.41 |
The monthly rent on this Property is $8,131.96 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$36,012 | $47,511 | $0 | $0 | $3,885 | $87,408 | |
$36,012 | $5,954 | $22,826 | $3,942 | $7,134 | $75,869 | |
$36,012 | -$13,246 | $13,620 | $5,760 | $8,633 | $50,779 | |
$36,005 | -$22,881 | $8,894 | $7,406 | $9,517 | $38,940 | |
Totals: | $144,041 | $17,338 | $45,340 | $17,108 | $29,169 | $252,996 |
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 $10,000 and a Ideal Target Monthly Income in Retirement™ of $15,000 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
- 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
- Final Month Summary
Reports