The Real Estate Financial Planner Blueprint™
Sam Sells His Way To Financial Independence
Purchased 20% Down Rental 5 Property
Bought in Month 72
We have a Rule that has you buying the 20% Down Rental 5 Property when your Account balance in the All-In-One Checking Account Account reaches $20,000 (which we adjust for inflation to be worth $22,486.11 in Month 72). The following is a chart showing the balance of All-In-One Checking Account Account from the start of the Scenario to Month 72 after we've adjusted for all the income and expenses for the entire month.
To purchase the 20% Down Rental 5 Property, we're assuming you're getting a 20% down payment loan. With a $275,426.81 purchase price that means you need to have $55,085.36 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($5,508.54) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $55,085.36 |
Rent Ready Costs | $0 |
Closing Costs | $5,508.54 |
Seller Concessions | $0 |
Total Cost To Close: | $60,593.90 |
The monthly rent on this Property is $1,850.12 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$0 | -$1,258 | $431 | $0 | $101 | -$727 | |
$987 | -$1,110 | $841 | $111 | $220 | $1,049 | |
$1,015 | -$199 | $1,206 | $223 | $298 | $2,542 | |
$2,628 | -$860 | $1,769 | $335 | $488 | $4,360 | |
$549 | -$607 | $2,691 | $561 | $753 | $3,948 | |
$1,809 | $612 | $2,875 | $674 | $765 | $6,735 | |
$7,078 | $2,947 | $4,930 | $1,384 | $1,502 | $17,841 | |
$6,085 | $2,559 | $5,026 | $1,387 | $1,527 | $16,583 | |
$722 | $1,486 | $3,633 | $1,414 | $1,684 | $8,939 | |
$6,022 | $671 | $3,593 | $1,420 | $1,671 | $13,377 | |
$5,617 | $851 | $3,557 | $1,426 | $1,680 | $13,131 | |
$5,484 | $776 | $3,545 | $1,433 | $1,685 | $12,923 | |
$4,831 | $2,143 | $3,252 | $1,437 | $1,607 | $13,271 | |
Totals: | $42,828 | $8,010 | $37,350 | $11,803 | $13,982 | $113,972 |
* 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