The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Bellevue, Washington Rental Property 5 Property
Bought in Month 1125
We have a Rule that has you buying the Typical 20% Down Payment Bellevue, Washington Rental Property 5 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 1125 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Bellevue, Washington Rental Property 5 Property, we're assuming you're getting a 20% down payment loan. With a $24,454,013.41 purchase price that means you need to have $4,890,802.68 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($244,540.13) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $4,890,802.68 |
Rent Ready Costs | $0 |
Closing Costs | $244,540.13 |
Seller Concessions | $0 |
Total Cost To Close: | $5,135,342.82 |
The monthly rent on this Property is $75,304.66 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$735,430 | $0 | $0 | $0 | $19,318 | $754,748 | |
$735,430 | $567,118 | $0 | $0 | $26,505 | $1,329,053 | |
$735,430 | $569,112 | $0 | $0 | $26,523 | $1,331,065 | |
$735,430 | -$424,807 | $373,607 | $94,711 | $104,631 | $883,571 | |
$735,430 | -$657,771 | $274,435 | $118,800 | $124,674 | $595,568 | |
$735,281 | -$882,855 | $181,630 | $151,236 | $140,927 | $326,219 | |
Totals: | $4,412,430 | -$829,202 | $829,672 | $364,747 | $442,578 | $5,220,224 |
* Denotes a property that had no rent for at least part of the period covered. |
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 $31,000 and a Ideal Target Monthly Income in Retirement™ of $47,000 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
- 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
- Final Month Summary
Reports