The Real Estate Financial Planner Blueprint™
Sam Sells His Way To Financial Independence
Purchased 20% Down Rental 2 Property
Bought in Month 65
We have a Rule that has you buying the 20% Down Rental 2 Property when your Account balance in the All-In-One Checking Account Account reaches $20,000 (which we adjust for inflation to be worth $22,227.86 in Month 65). The following is a chart showing the balance of All-In-One Checking Account Account from the start of the Scenario to Month 65 after we've adjusted for all the income and expenses for the entire month.
To purchase the 20% Down Rental 2 Property, we're assuming you're getting a 20% down payment loan. With a $272,197.42 purchase price that means you need to have $54,439.48 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($5,443.95) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $54,439.48 |
Rent Ready Costs | $0 |
Closing Costs | $5,443.95 |
Seller Concessions | $0 |
Total Cost To Close: | $59,883.43 |
The monthly rent on this Property is $1,831.25 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$0 | -$1,270 | $435 | $0 | $102 | -$733 | |
$1,273 | -$409 | $1,719 | $328 | $474 | $3,386 | |
-$14 | -$899 | $2,195 | $439 | $610 | $2,330 | |
$1,768 | -$899 | $2,629 | $551 | $736 | $4,785 | |
$2,417 | -$942 | $3,079 | $661 | $867 | $6,082 | |
$4,357 | -$598 | $3,412 | $774 | $971 | $8,916 | |
$5,118 | -$273 | $3,747 | $886 | $1,071 | $10,549 | |
$3,472 | $2,749 | $3,978 | $1,001 | $1,050 | $12,251 | |
$6,905 | $121 | $4,816 | $1,118 | $1,382 | $14,342 | |
$4,733 | $1,403 | $5,321 | $1,346 | $1,552 | $14,355 | |
$4,288 | $2,393 | $4,865 | $1,348 | $1,412 | $14,306 | |
$8,307 | $2,236 | $4,831 | $1,384 | $1,496 | $18,255 | |
$7,118 | $1,874 | $4,924 | $1,387 | $1,522 | $16,825 | |
$5,866 | $1,460 | $3,539 | $1,414 | $1,680 | $13,959 | |
$6,351 | $1,672 | $3,214 | $1,420 | $1,577 | $14,234 | |
$4,149 | $1,575 | $2,040 | $951 | $1,028 | $9,744 | |
$1,953 | $1,458 | $1,458 | $716 | $752 | $6,338 | |
$3,098 | $1,483 | $1,167 | $599 | $616 | $6,963 | |
Totals: | $71,159 | $13,136 | $57,369 | $16,321 | $18,900 | $176,885 |
* 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