The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)

Purchased Typical 20% Down Payment Lakeland, Florida Rental Property 1 Property
Bought in Month 59

We have a Rule that has you buying the Typical 20% Down Payment Lakeland, Florida Rental Property 1 Property even if your Account balance in the All-In-One Account Earning 7%/year Account has zero dollars. The following is a chart showing the balance of All-In-One Account Earning 7%/year Account from the start of the Scenario to Month 59 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical 20% Down Payment Lakeland, Florida Rental Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $288,340.03 purchase price that means you need to have $57,668.01 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($2,883.40) minus any seller concessions ($0).

Description Amount
Down Payment $57,668.01
Rent Ready Costs $0
Closing Costs $2,883.40
Seller Concessions $0
Total Cost To Close: $60,551.41

The monthly rent on this Property is $2,177.84 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Typical 20% Down Payment Lakeland, Florida Rental Property 1 $8,670 -$1,793 $2,142 $1,783 $2,171 $12,973
Totals: $8,670 -$1,793 $2,142 $1,783 $2,171 $12,973

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 $6,000 and a Ideal Target Monthly Income in Retirement™ of $9,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

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