The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Richardson, Texas Rental Property 9 Property
Bought in Month 662
We have a Rule that has you buying the Typical 25% Down Payment Richardson, Texas Rental Property 9 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 662 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Richardson, Texas Rental Property 9 Property, we're assuming you're getting a 25% down payment loan. With a $2,008,670.30 purchase price that means you need to have $502,167.58 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($20,086.70) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $502,167.58 |
Rent Ready Costs | $0 |
Closing Costs | $20,086.70 |
Seller Concessions | $0 |
Total Cost To Close: | $522,254.28 |
The monthly rent on this Property is $13,641.01 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$60,409 | $79,689 | $0 | $0 | $6,517 | $146,614 | |
$60,409 | $78,621 | $0 | $0 | $6,507 | $145,537 | |
$60,409 | $77,561 | $0 | $0 | $6,498 | $144,467 | |
$60,409 | $16,367 | $36,635 | $6,483 | $11,393 | $131,287 | |
$60,409 | $7,692 | $29,766 | $7,628 | $12,276 | $117,771 | |
$60,409 | -$7,146 | $24,185 | $8,974 | $13,274 | $99,696 | |
$60,409 | -$13,998 | $21,058 | $10,002 | $14,075 | $91,546 | |
$60,409 | -$29,302 | $17,601 | $11,509 | $15,204 | $75,422 | |
$60,396 | -$29,921 | $14,676 | $12,423 | $15,096 | $72,670 | |
Totals: | $543,666 | $179,564 | $143,920 | $57,019 | $100,840 | $1,025,010 |
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
- 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports