The Real Estate Financial Planner Blueprint™
Ep 21 Norm and Norma - BRRRR with 15% Down Deals
Purchased BRRRR Rental Property - 15% Left In Deal 1 Property
Bought in Month 62
We have a Rule that has you buying the BRRRR Rental Property - 15% Left In Deal 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 62 after we've adjusted for all the income and expenses for the entire month.
To purchase the BRRRR Rental Property - 15% Left In Deal 1 Property, we're assuming you're getting a 15.789% down payment loan. With a $414,009.94 purchase price that means you need to have $65,368.03 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($0) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $65,368.03 |
Rent Ready Costs | $0 |
Closing Costs | $0 |
Seller Concessions | $0 |
Total Cost To Close: | $65,368.03 |
The monthly rent on this Property is $3,021.55 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$13,104 | $2,073 | $3,479 | $2,264 | $2,648 | $23,567 | |
Totals: | $13,104 | $2,073 | $3,479 | $2,264 | $2,648 | $23,567 |
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
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
- 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
- Achieved Financial Independence Goal
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports