The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Everett, Washington Rental Property 10 Property
Bought in Month 860
We have a Rule that has you buying the Typical 20% Down Payment Everett, Washington Rental Property 10 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 860 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Everett, Washington Rental Property 10 Property, we're assuming you're getting a 20% down payment loan. With a $5,226,138.08 purchase price that means you need to have $1,045,227.62 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($52,261.38) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $1,045,227.62 |
Rent Ready Costs | $0 |
Closing Costs | $52,261.38 |
Seller Concessions | $0 |
Total Cost To Close: | $1,097,489 |
The monthly rent on this Property is $24,829.36 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$157,171 | $197,370 | $0 | $0 | $7,334 | $361,875 | |
$157,171 | $203,202 | $0 | $0 | $7,386 | $367,759 | |
$157,171 | $200,594 | $0 | $0 | $7,363 | $365,128 | |
$157,171 | $201,244 | $0 | $0 | $7,368 | $365,783 | |
$157,171 | $30,724 | $108,698 | $16,137 | $20,666 | $333,395 | |
$157,171 | $5,682 | $86,246 | $19,126 | $23,187 | $291,413 | |
$157,171 | -$26,050 | $71,242 | $22,009 | $25,552 | $249,923 | |
$157,171 | -$70,049 | $57,098 | $25,894 | $28,728 | $198,842 | |
$157,171 | -$94,845 | $50,605 | $28,296 | $30,711 | $171,937 | |
$157,139 | -$105,189 | $38,817 | $32,321 | $31,883 | $154,970 | |
Totals: | $1,571,676 | $542,682 | $412,706 | $143,783 | $190,178 | $2,861,025 |
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 $13,000 and a Ideal Target Monthly Income in Retirement™ of $20,000 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
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Achieved Financial Independence Goal
- 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