The Real Estate Financial Planner Blueprint™
Sam Sells His Way To Financial Independence
Purchased 20% Down Rental 3 Property
Bought in Month 69
We have a Rule that has you buying the 20% Down Rental 3 Property when your Account balance in the All-In-One Checking Account Account reaches $20,000 (which we adjust for inflation to be worth $22,375.06 in Month 69). The following is a chart showing the balance of All-In-One Checking Account Account from the start of the Scenario to Month 69 after we've adjusted for all the income and expenses for the entire month.
To purchase the 20% Down Rental 3 Property, we're assuming you're getting a 20% down payment loan. With a $273,580.15 purchase price that means you need to have $54,716.03 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($5,471.60) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $54,716.03 |
Rent Ready Costs | $0 |
Closing Costs | $5,471.60 |
Seller Concessions | $0 |
Total Cost To Close: | $60,187.63 |
The monthly rent on this Property is $1,844.98 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$0 | -$1,289 | $441 | $0 | $103 | -$745 | |
$1,336 | -$1,211 | $882 | $110 | $230 | $1,346 | |
$1,531 | -$1,178 | $1,327 | $220 | $358 | $2,259 | |
$2,114 | -$975 | $1,716 | $332 | $474 | $3,661 | |
$2,749 | -$751 | $2,094 | $443 | $585 | $5,119 | |
$1,110 | $1,064 | $2,401 | $556 | $620 | $5,752 | |
$3,098 | -$440 | $3,082 | $671 | $871 | $7,283 | |
$2,212 | -$311 | $4,019 | $897 | $1,141 | $7,959 | |
$3,090 | $1,064 | $4,090 | $1,011 | $1,126 | $10,381 | |
$7,394 | $2,642 | $4,888 | $1,384 | $1,499 | $17,807 | |
$6,408 | $2,265 | $4,982 | $1,387 | $1,525 | $16,566 | |
$1,935 | $1,475 | $3,592 | $1,414 | $1,682 | $10,099 | |
$8,352 | $627 | $3,553 | $1,420 | $1,669 | $15,621 | |
$4,027 | $1,877 | $3,230 | $1,426 | $1,589 | $12,150 | |
$3,599 | $1,732 | $2,644 | $1,194 | $1,314 | $10,482 | |
$4,626 | $1,860 | $2,352 | $1,078 | $1,183 | $11,098 | |
Totals: | $53,581 | $8,452 | $45,293 | $13,542 | $15,969 | $136,838 |
* 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