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

Purchased Typical 20% Down Payment Minneapolis, Minnesota Rental Property 1 Property
Bought in Month 71

We have a Rule that has you buying the Typical 20% Down Payment Minneapolis, Minnesota 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 71 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical 20% Down Payment Minneapolis, Minnesota Rental Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $372,451.82 purchase price that means you need to have $74,490.36 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($3,724.52) minus any seller concessions ($0).

Description Amount
Down Payment $74,490.36
Rent Ready Costs $0
Closing Costs $3,724.52
Seller Concessions $0
Total Cost To Close: $78,214.88

The monthly rent on this Property is $2,495.19 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 Minneapolis, Minnesota Rental Property 1 $11,199 -$3,903 $2,766 $2,303 $2,636 $15,002
Totals: $11,199 -$3,903 $2,766 $2,303 $2,636 $15,002

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 $7,000 and a Ideal Target Monthly Income in Retirement™ of $11,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

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