The Real Estate Financial Planner Blueprint™
Ep 12 Norm and Norma - Buy 20% Down-Payment Short-Term Rentals

Purchased Typical 20% Down-Payment Short-Term Rental 1 Property
Bought in Month 93

We have a Rule that has you buying the Typical 20% Down-Payment Short-Term Rental 1 Property even if your Account balance in the All-In-One Account Account has zero dollars. The following is a chart showing the balance of All-In-One Account Account from the start of the Scenario to Month 93 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical 20% Down-Payment Short-Term Rental 1 Property, we're assuming you're getting a 20% down payment loan. With a $470,381.24 purchase price that means you need to have $94,076.25 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($14,111.44) minus any seller concessions ($0).

Description Amount
Down Payment $94,076.25
Rent Ready Costs $0
Closing Costs $14,111.44
Seller Concessions $0
Total Cost To Close: $108,187.69

The monthly rent on this Property is $4,076.64 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Typical 20% Down-Payment Short-Term Rental 1 $14,143 $6,659 $3,755 $2,596 $3,330 $30,483
Totals: $14,143 $6,659 $3,755 $2,596 $3,330 $30,483

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 $5,000 and a Ideal Target Monthly Income in Retirement™ of $10,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

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