The Real Estate Financial Planner Blueprint™
Peter Buys 10 25% Down Payment Rentals
Purchased 25% Down Payment Rental Property 1 Property
Bought in Month 67
We have a Rule that has you buying the 25% Down Payment Rental Property 1 Property when your Account balance in the All-In-One Account reaches $5,000 (which we adjust for inflation to be worth $5,575.33 in Month 67). The following is a chart showing the balance of All-In-One Account from the start of the Scenario to Month 67 after we've adjusted for all the income and expenses for the entire month.
To purchase the 25% Down Payment Rental Property 1 Property, we're assuming you're getting a 25% down payment loan. With a $446,026.78 purchase price that means you need to have $111,506.70 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($8,920.54) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $111,506.70 |
Rent Ready Costs | $0 |
Closing Costs | $8,920.54 |
Seller Concessions | $0 |
Total Cost To Close: | $120,427.23 |
The monthly rent on this Property is $2,453.15 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$8,934 | $4,961 | $6,131 | $3,312 | $1,907 | $25,245 | |
Totals: | $8,934 | $4,961 | $6,131 | $3,312 | $1,907 | $25,245 |
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 $5,000 and a Ideal Target Monthly Income in Retirement™ of $20,000 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports