The Real Estate Financial Planner Blueprint™
10 25% Down Payment Rentals - Variable
Purchased 25% Down Payment Rental Property 1 Property
Bought in Month 61
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 $5,520.40 in Month 61). The following is a chart showing the balance of All-In-One Account from the start of the Scenario to Month 61 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 $436,847.87 purchase price that means you need to have $109,211.97 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($8,736.96) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $109,211.97 |
Rent Ready Costs | $0 |
Closing Costs | $8,736.96 |
Seller Concessions | $0 |
Total Cost To Close: | $117,948.92 |
The monthly rent on this Property is $2,349.96 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$5,038 | $3,140 | $5,396 | $3,245 | $1,963 | $18,783 | |
Totals: | $5,038 | $3,140 | $5,396 | $3,245 | $1,963 | $18,783 |
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
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports