The Real Estate Financial Planner Blueprint™
04 1 5% Down Primary Then 9 25% Down Rental Properties
Purchased Typical 25% Down Payment Bellevue, Washington Rental Property 6 Property
Bought in Month 1189
We have a Rule that has you buying the Typical 25% Down Payment Bellevue, Washington 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 1189 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Bellevue, Washington Rental Property 6 Property, we're assuming you're getting a 25% down payment loan. With a $28,629,604.23 purchase price that means you need to have $7,157,401.06 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($286,296.04) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $7,157,401.06 |
Rent Ready Costs | $0 |
Closing Costs | $286,296.04 |
Seller Concessions | $0 |
Total Cost To Close: | $7,443,697.10 |
The monthly rent on this Property is $88,163.14 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$861,006 | $0 | $0 | $0 | $22,618 | $883,625 | |
$861,006 | $664,003 | $0 | $0 | $31,034 | $1,556,043 | |
$861,006 | $645,530 | $0 | $0 | $30,869 | $1,537,406 | |
$861,006 | -$193,942 | $538,839 | $90,158 | $99,050 | $1,395,111 | |
$861,006 | -$452,041 | $387,256 | $116,769 | $119,082 | $1,032,074 | |
$861,006 | -$742,651 | $289,024 | $146,831 | $141,721 | $695,931 | |
$860,832 | -$881,555 | $209,176 | $177,060 | $153,648 | $519,161 | |
Totals: | $6,026,871 | -$960,655 | $1,424,295 | $530,818 | $598,022 | $7,619,351 |
* 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
- 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
- Final Month Summary
Reports