The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Seattle, Washington Rental Property 9 Property
Bought in Month 958
We have a Rule that has you buying the Typical 20% Down Payment Seattle, Washington Rental Property 9 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 958 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Seattle, Washington Rental Property 9 Property, we're assuming you're getting a 20% down payment loan. With a $9,776,271.36 purchase price that means you need to have $1,955,254.27 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($97,762.71) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $1,955,254.27 |
Rent Ready Costs | $0 |
Closing Costs | $97,762.71 |
Seller Concessions | $0 |
Total Cost To Close: | $2,053,016.99 |
The monthly rent on this Property is $39,926.43 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$294,011 | $0 | $0 | $0 | $7,770 | $301,782 | |
$294,011 | $322,210 | $0 | $0 | $11,498 | $627,720 | |
$294,011 | $324,281 | $0 | $0 | $11,516 | $629,809 | |
$294,011 | $329,503 | $0 | $0 | $11,563 | $635,078 | |
$294,011 | $13,397 | $198,619 | $30,711 | $36,945 | $573,682 | |
$294,011 | -$60,335 | $154,455 | $36,942 | $42,010 | $467,083 | |
$294,011 | -$108,439 | $128,012 | $42,406 | $46,598 | $402,589 | |
$294,011 | -$163,079 | $109,714 | $47,494 | $50,783 | $338,924 | |
$294,011 | -$222,768 | $95,302 | $52,671 | $55,005 | $274,220 | |
$293,952 | -$243,496 | $72,612 | $60,461 | $57,403 | $240,933 | |
Totals: | $2,940,055 | $191,274 | $758,713 | $270,686 | $331,091 | $4,491,820 |
* 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 $19,000 and a Ideal Target Monthly Income in Retirement™ of $29,000 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
- 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
- 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
- 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