The Real Estate Financial Planner Blueprint™
Sam Sells His Way To Financial Independence
Purchased 20% Down Rental 1 Property
Bought in Month 61
We have a Rule that has you buying the 20% Down Rental 1 Property when your Account balance in the All-In-One Checking Account Account reaches $20,000 (which we adjust for inflation to be worth $22,081.62 in Month 61). The following is a chart showing the balance of All-In-One Checking Account Account from the start of the Scenario to Month 61 after we've adjusted for all the income and expenses for the entire month.
To purchase the 20% Down Rental 1 Property, we're assuming you're getting a 20% down payment loan. With a $271,152.76 purchase price that means you need to have $54,230.55 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($5,423.06) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $54,230.55 |
Rent Ready Costs | $0 |
Closing Costs | $5,423.06 |
Seller Concessions | $0 |
Total Cost To Close: | $59,653.61 |
The monthly rent on this Property is $1,824.49 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$0 | -$1,242 | $425 | $0 | $99 | -$717 | |
$2,700 | -$507 | $2,161 | $432 | $602 | $5,388 | |
$3,280 | $675 | $3,419 | $764 | $972 | $9,110 | |
$2,902 | -$477 | $3,927 | $877 | $1,117 | $8,346 | |
$1,805 | -$576 | $4,357 | $992 | $1,242 | $7,820 | |
$4,391 | -$714 | $4,811 | $1,102 | $1,375 | $10,965 | |
$4,992 | -$152 | $5,089 | $1,216 | $1,468 | $12,613 | |
$7,051 | $1,432 | $4,959 | $1,330 | $1,459 | $16,230 | |
$6,242 | $5,000 | $4,733 | $1,335 | $1,288 | $18,597 | |
$6,085 | $1,659 | $5,200 | $1,342 | $1,533 | $15,819 | |
$5,878 | $1,164 | $5,259 | $1,346 | $1,550 | $15,197 | |
$5,316 | $1,786 | $4,809 | $1,348 | $1,444 | $14,702 | |
$6,693 | $1,901 | $4,775 | $1,384 | $1,494 | $16,246 | |
$5,872 | $1,553 | $4,867 | $1,387 | $1,520 | $15,198 | |
$6,573 | $2,471 | $3,202 | $1,414 | $1,588 | $15,248 | |
$3,804 | $1,453 | $2,030 | $946 | $1,021 | $9,254 | |
$197 | $1,301 | $868 | $475 | $469 | $3,309 | |
$751 | $1,207 | $289 | $239 | $191 | $2,676 | |
$746 | $1,158 | $0 | $120 | $51 | $2,075 | |
Totals: | $75,277 | $19,094 | $65,181 | $18,048 | $20,481 | $198,080 |
* Denotes a property that had no rent for at least part of the period covered. |
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 $2,500 and a Ideal Target Monthly Income in Retirement™ of $6,000 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
- Sold Property After Owning It For 36 Months
- 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Sold Property After Owning It For 36 Months
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Sold Property After Owning It For 36 Months
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Sold Property After Owning It For 36 Months
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Sold Property After Owning It For 36 Months
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Sold Property After Owning It For 36 Months
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Sold Property After Owning It For 36 Months
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Sold Property After Owning It For 36 Months
- Sold Property After Owning It For 36 Months
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Sold Property After Owning It For 36 Months
- Sold Property After Owning It For 36 Months
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Sold Property After Owning It For 36 Months
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Sold Property After Owning It For 36 Months
- Sold Property After Owning It For 36 Months
- Sold Property After Owning It For 36 Months
- Sold Property After Owning It For 36 Months
- Sold Property After Owning It For 36 Months
- Sold Property After Owning It For 36 Months
- Sold Property After Owning It For 36 Months
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports