The Real Estate Financial Planner Blueprint™
04 1 5% Down Primary Then 9 25% Down Rental Properties
Purchased Typical 25% Down Payment Seattle, Washington Rental Property 1 Property
Bought in Month 446
We have a Rule that has you buying the Typical 25% Down Payment Seattle, Washington Rental Property 1 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 446 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Seattle, Washington Rental Property 1 Property, we're assuming you're getting a 25% down payment loan. With a $2,769,820.72 purchase price that means you need to have $692,455.18 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($27,698.21) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $692,455.18 |
Rent Ready Costs | $0 |
Closing Costs | $27,698.21 |
Seller Concessions | $0 |
Total Cost To Close: | $720,153.39 |
The monthly rent on this Property is $11,311.99 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$83,300 | $0 | $0 | $0 | $2,201 | $85,501 | |
$83,283 | -$57,224 | $20,237 | $17,130 | $15,112 | $78,538 | |
Totals: | $166,582 | -$57,224 | $20,237 | $17,130 | $17,313 | $164,039 |
* 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
- 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
- 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports