The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Renton, Washington Rental Property 10 Property
Bought in Month 944
We have a Rule that has you buying the Typical 25% Down Payment Renton, 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 944 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Renton, Washington Rental Property 10 Property, we're assuming you're getting a 25% down payment loan. With a $7,205,400.40 purchase price that means you need to have $1,801,350.10 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($72,054) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $1,801,350.10 |
Rent Ready Costs | $0 |
Closing Costs | $72,054 |
Seller Concessions | $0 |
Total Cost To Close: | $1,873,404.10 |
The monthly rent on this Property is $30,536.98 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$216,695 | $236,939 | $0 | $0 | $9,979 | $463,613 | |
$216,695 | $232,955 | $0 | $0 | $9,943 | $459,593 | |
$216,695 | $234,542 | $0 | $0 | $9,957 | $461,195 | |
$216,695 | $236,138 | $0 | $0 | $9,972 | $462,805 | |
$216,695 | $30,687 | $139,508 | $22,193 | $26,765 | $435,849 | |
$216,695 | -$11,496 | $114,066 | $25,983 | $29,570 | $374,818 | |
$216,695 | -$50,836 | $95,340 | $29,899 | $32,506 | $323,604 | |
$216,695 | -$105,600 | $76,016 | $35,701 | $36,887 | $259,699 | |
$216,695 | -$136,847 | $67,876 | $39,012 | $39,387 | $226,123 | |
$216,651 | -$150,068 | $52,645 | $44,562 | $40,868 | $204,658 | |
Totals: | $2,166,908 | $516,416 | $545,451 | $197,350 | $245,834 | $3,671,958 |
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 $15,000 and a Ideal Target Monthly Income in Retirement™ of $23,000 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
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Final Month Summary
Reports