The Real Estate Financial Planner Blueprint™
Sam Sells His Way To Financial Independence
Purchased 20% Down Rental 4 Property
Bought in Month 71
We have a Rule that has you buying the 20% Down Rental 4 Property when your Account balance in the All-In-One Checking Account Account reaches $20,000 (which we adjust for inflation to be worth $22,449.03 in Month 71). The following is a chart showing the balance of All-In-One Checking Account Account from the start of the Scenario to Month 71 after we've adjusted for all the income and expenses for the entire month.
To purchase the 20% Down Rental 4 Property, we're assuming you're getting a 20% down payment loan. With a $274,682.63 purchase price that means you need to have $54,936.53 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($5,493.65) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $54,936.53 |
Rent Ready Costs | $0 |
Closing Costs | $5,493.65 |
Seller Concessions | $0 |
Total Cost To Close: | $60,430.18 |
The monthly rent on this Property is $1,851.36 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$0 | -$1,296 | $444 | $0 | $104 | -$748 | |
$893 | -$1,164 | $861 | $111 | $225 | $925 | |
$1,150 | -$991 | $1,260 | $222 | $342 | $1,982 | |
$1,206 | $222 | $1,605 | $334 | $406 | $3,773 | |
$3,389 | -$720 | $2,208 | $447 | $616 | $5,939 | |
$2,003 | -$508 | $3,135 | $673 | $883 | $6,185 | |
$2,576 | $762 | $3,281 | $786 | $885 | $8,291 | |
$7,555 | $2,845 | $4,916 | $1,384 | $1,501 | $18,202 | |
$6,146 | $2,461 | $5,011 | $1,387 | $1,526 | $16,530 | |
$1,705 | $1,482 | $3,619 | $1,414 | $1,684 | $9,905 | |
$5,578 | $657 | $3,579 | $1,420 | $1,671 | $12,904 | |
$5,495 | $823 | $3,544 | $1,426 | $1,679 | $12,968 | |
$5,851 | $1,868 | $3,243 | $1,433 | $1,595 | $13,990 | |
$5,019 | $2,049 | $2,951 | $1,317 | $1,466 | $12,801 | |
Totals: | $48,565 | $8,492 | $39,658 | $12,352 | $14,581 | $123,648 |
* 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