The Real Estate Financial Planner Blueprint™
Ep 23 Norm and Norma - $25K Fix and Flips Every 6 Months - Buy 20% Down Payment Rentals

Purchased Typical 20% Down-Payment Rental Property 1 Property
Bought in Month 25

We have a Rule that has you buying the Typical 20% Down-Payment Rental Property 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 25 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical 20% Down-Payment Rental Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $397,837.50 purchase price that means you need to have $79,567.50 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($11,935.13) minus any seller concessions ($0).

Description Amount
Down Payment $79,567.50
Rent Ready Costs $0
Closing Costs $11,935.13
Seller Concessions $0
Total Cost To Close: $91,502.63

The monthly rent on this Property is $2,758.34 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 Rental Property 1 $11,962 $2,677 $3,176 $2,196 $2,425 $22,436
Totals: $11,962 $2,677 $3,176 $2,196 $2,425 $22,436

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™.

Copy Scenario into my Real Estate Financial Planner™ Software Account

Blueprint™ Menu of Sections

Reports