The Real Estate Financial Planner Blueprint™
Fort Myers, Florida 20% DP

Purchased Fort Myers, Florida Average Property 4 Property
Bought in Month 362

We have a Rule that has you buying the Fort Myers, Florida Average Property 4 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,814 (which we adjust for inflation to be worth $12,662.57 in Month 362). The following is a chart showing the balance of Starting with $100K, Earning 7%/year Account from the start of the Scenario to Month 362 after we've adjusted for all the income and expenses for the entire month.

To purchase the Fort Myers, Florida Average Property 4 Property, we're assuming you're getting a 20% down payment loan. With a $310,181.51 purchase price that means you need to have $62,036.30 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($3,101.82) minus any seller concessions ($0).

Description Amount
Down Payment $62,036.30
Rent Ready Costs $0
Closing Costs $3,101.82
Seller Concessions $0
Total Cost To Close: $65,138.12

The monthly rent on this Property is $2,519.99 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Fort Myers, Florida Average Property 1 $4,142 $10,709 $0 $0 $1,346 $16,197
Fort Myers, Florida Average Property 2 $4,142 $10,761 $0 $0 $1,347 $16,251
Fort Myers, Florida Average Property 3 $4,142 -$2,745 $4,900 $1,615 $2,428 $10,340
Fort Myers, Florida Average Property 4 $4,142 -$2,495 $3,913 $1,726 $2,408 $9,694
Totals: $16,569 $16,230 $8,813 $3,342 $7,528 $52,481

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 $20,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

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