The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Cheyenne, Wyoming Rental Property 4 Property
Bought in Month 432
We have a Rule that has you buying the Typical 20% Down Payment Cheyenne, Wyoming Rental Property 4 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 432 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Cheyenne, Wyoming Rental Property 4 Property, we're assuming you're getting a 20% down payment loan. With a $931,776.52 purchase price that means you need to have $186,355.30 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($9,317.77) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $186,355.30 |
Rent Ready Costs | $0 |
Closing Costs | $9,317.77 |
Seller Concessions | $0 |
Total Cost To Close: | $195,673.07 |
The monthly rent on this Property is $4,933.02 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$28,022 | $36,156 | $0 | $0 | $1,816 | $65,994 | |
$28,022 | $3,655 | $18,123 | $3,022 | $4,302 | $57,124 | |
$28,022 | -$9,598 | $11,107 | $4,330 | $5,384 | $39,246 | |
$28,017 | -$18,465 | $6,921 | $5,763 | $6,186 | $28,421 | |
Totals: | $112,083 | $11,748 | $36,151 | $13,115 | $17,688 | $190,785 |
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 $7,000 and a Ideal Target Monthly Income in Retirement™ of $11,000 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
- 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports