The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Vancouver, Washington Rental Property 7 Property
Bought in Month 458
We have a Rule that has you buying the Typical 20% Down Payment Vancouver, Washington Rental Property 7 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 458 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Vancouver, Washington Rental Property 7 Property, we're assuming you're getting a 20% down payment loan. With a $1,420,487.13 purchase price that means you need to have $284,097.43 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($14,204.87) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $284,097.43 |
Rent Ready Costs | $0 |
Closing Costs | $14,204.87 |
Seller Concessions | $0 |
Total Cost To Close: | $298,302.30 |
The monthly rent on this Property is $8,246.56 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$42,720 | $68,534 | $0 | $0 | $2,196 | $113,450 | |
$42,720 | $23,369 | $28,190 | $4,540 | $5,963 | $104,781 | |
$42,720 | $14,430 | $21,995 | $5,448 | $6,716 | $91,309 | |
$42,720 | $5,354 | $18,108 | $6,284 | $7,404 | $79,870 | |
$42,720 | -$5,234 | $15,210 | $7,143 | $8,098 | $67,937 | |
$42,720 | -$14,492 | $12,949 | $8,040 | $8,839 | $58,055 | |
$42,711 | -$14,631 | $10,551 | $8,785 | $8,850 | $56,266 | |
Totals: | $299,029 | $77,330 | $107,003 | $40,239 | $48,065 | $571,667 |
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 $10,000 and a Ideal Target Monthly Income in Retirement™ of $15,000 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
- 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
- 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
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports