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

Purchased Typical 20% Down Payment West Palm Beach, Florida Rental Property 5 Property
Bought in Month 449

We have a Rule that has you buying the Typical 20% Down Payment West Palm Beach, Florida Rental Property 5 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 449 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical 20% Down Payment West Palm Beach, Florida Rental Property 5 Property, we're assuming you're getting a 20% down payment loan. With a $1,150,068.24 purchase price that means you need to have $230,013.65 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($11,500.68) minus any seller concessions ($0).

Description Amount
Down Payment $230,013.65
Rent Ready Costs $0
Closing Costs $11,500.68
Seller Concessions $0
Total Cost To Close: $241,514.33

The monthly rent on this Property is $7,597.26 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 West Palm Beach, Florida Rental Property 1 $34,587 $47,495 $0 $0 $3,381 $85,463
Typical 20% Down Payment West Palm Beach, Florida Rental Property 2 $34,587 $9,264 $22,444 $3,721 $6,457 $76,474
Typical 20% Down Payment West Palm Beach, Florida Rental Property 3 $34,587 -$1,383 $16,541 $4,656 $7,221 $61,623
Typical 20% Down Payment West Palm Beach, Florida Rental Property 4 $34,587 -$14,069 $11,869 $5,942 $8,289 $46,618
Typical 20% Down Payment West Palm Beach, Florida Rental Property 5 $34,580 -$20,082 $8,542 $7,113 $8,787 $38,940
Totals: $172,929 $21,225 $59,396 $21,432 $34,135 $309,117

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 $10,000 and a Ideal Target Monthly Income in Retirement™ of $15,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

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