The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Cheyenne, Wyoming Rental Property 9 Property
Bought in Month 1058
We have a Rule that has you buying the Typical 20% Down Payment Cheyenne, Wyoming 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 1058 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 9 Property, we're assuming you're getting a 20% down payment loan. With a $4,354,988.20 purchase price that means you need to have $870,997.64 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($43,549.88) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $870,997.64 |
Rent Ready Costs | $0 |
Closing Costs | $43,549.88 |
Seller Concessions | $0 |
Total Cost To Close: | $914,547.52 |
The monthly rent on this Property is $23,056.23 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$130,972 | $168,977 | $0 | $0 | $8,487 | $308,436 | |
$130,972 | $162,954 | $0 | $0 | $8,434 | $302,359 | |
$130,972 | $164,147 | $0 | $0 | $8,444 | $303,563 | |
$130,972 | $168,977 | $0 | $0 | $8,487 | $308,436 | |
$130,972 | $162,954 | $0 | $0 | $8,434 | $302,359 | |
$130,972 | $162,954 | $0 | $0 | $8,434 | $302,359 | |
$130,972 | $162,954 | $0 | $0 | $8,434 | $302,359 | |
$130,972 | $162,954 | $0 | $0 | $8,434 | $302,359 | |
$130,945 | -$92,016 | $32,346 | $26,933 | $28,831 | $127,040 | |
Totals: | $1,178,720 | $1,224,855 | $32,346 | $26,933 | $96,418 | $2,559,273 |
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