The Real Estate Financial Planner Blueprint™
Ep 24 Norm and Norma - Buy Free and Clear Rentals

Purchased Typical 100% Down-Payment Rental Property 8 Property
Bought in Month 697

We have a Rule that has you buying the Typical 100% Down-Payment Rental Property 8 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 697 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical 100% Down-Payment Rental Property 8 Property, we're assuming you're getting a 100% down payment loan. With a $2,082,525.37 purchase price that means you need to have $2,082,525.37 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($10,412.63) minus any seller concessions ($0).

Description Amount
Down Payment $2,082,525.37
Rent Ready Costs $0
Closing Costs $10,412.63
Seller Concessions $0
Total Cost To Close: $2,092,938

The monthly rent on this Property is $14,438.84 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Typical 100% Down-Payment Rental Property 1 $62,630 $128,004 $0 $0 $3,272 $193,906
Typical 100% Down-Payment Rental Property 2 $62,630 $128,755 $0 $0 $3,279 $194,664
Typical 100% Down-Payment Rental Property 3 $62,630 $129,132 $0 $5,739 $3,282 $200,783
Typical 100% Down-Payment Rental Property 4 $62,630 $127,630 $0 $7,866 $3,269 $201,395
Typical 100% Down-Payment Rental Property 5 $62,630 $129,888 $0 $8,985 $3,289 $204,792
Typical 100% Down-Payment Rental Property 6 $62,630 $131,412 $0 $9,916 $3,302 $207,260
Typical 100% Down-Payment Rental Property 7 $62,630 $129,888 $0 $10,729 $3,289 $206,536
Typical 100% Down-Payment Rental Property 8 $62,617 $131,359 $0 $11,495 $3,307 $208,777
Totals: $501,026 $1,036,069 $0 $54,729 $26,287 $1,618,112

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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