The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Alexandria, Virginia Rental Property 6 Property
Bought in Month 650
We have a Rule that has you buying the Typical 20% Down Payment Alexandria, Virginia Rental Property 6 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 650 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Alexandria, Virginia Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $3,198,466.43 purchase price that means you need to have $639,693.29 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($31,984.66) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $639,693.29 |
Rent Ready Costs | $0 |
Closing Costs | $31,984.66 |
Seller Concessions | $0 |
Total Cost To Close: | $671,677.95 |
The monthly rent on this Property is $15,580.83 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$96,191 | $122,250 | $0 | $0 | $4,909 | $223,350 | |
$96,191 | $120,228 | $0 | $0 | $4,891 | $221,309 | |
$96,191 | $3,958 | $55,136 | $11,337 | $14,264 | $180,885 | |
$96,191 | -$22,954 | $41,601 | $13,942 | $16,417 | $145,197 | |
$96,191 | -$50,856 | $32,898 | $16,566 | $18,577 | $113,376 | |
$96,171 | -$67,032 | $23,756 | $19,781 | $19,871 | $92,548 | |
Totals: | $577,125 | $105,594 | $153,391 | $61,626 | $78,929 | $976,665 |
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 $14,000 and a Ideal Target Monthly Income in Retirement™ of $21,000 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
- 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
- Final Month Summary
Reports