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

Purchased Typical 20% Down Payment Plano, Texas Rental Property 8 Property
Bought in Month 671

We have a Rule that has you buying the Typical 20% Down Payment Plano, Texas Rental Property 8 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 671 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical 20% Down Payment Plano, Texas Rental Property 8 Property, we're assuming you're getting a 20% down payment loan. With a $2,332,248.49 purchase price that means you need to have $466,449.70 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($23,322.48) minus any seller concessions ($0).

Description Amount
Down Payment $466,449.70
Rent Ready Costs $0
Closing Costs $23,322.48
Seller Concessions $0
Total Cost To Close: $489,772.18

The monthly rent on this Property is $16,161.88 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 Plano, Texas Rental Property 1 $70,140 $97,122 $0 $0 $7,618 $174,880
Typical 20% Down Payment Plano, Texas Rental Property 2 $70,140 $97,549 $0 $0 $7,621 $175,311
Typical 20% Down Payment Plano, Texas Rental Property 3 $70,140 $93,327 $0 $0 $7,584 $171,051
Typical 20% Down Payment Plano, Texas Rental Property 4 $70,140 $13,254 $43,866 $7,754 $13,990 $149,003
Typical 20% Down Payment Plano, Texas Rental Property 5 $70,140 $501 $35,872 $8,988 $15,010 $130,511
Typical 20% Down Payment Plano, Texas Rental Property 6 $70,140 -$20,837 $27,066 $11,055 $16,717 $104,140
Typical 20% Down Payment Plano, Texas Rental Property 7 $70,140 -$35,166 $23,042 $12,442 $17,863 $88,322
Typical 20% Down Payment Plano, Texas Rental Property 8 $70,126 -$43,218 $17,323 $14,424 $18,507 $77,161
Totals: $561,106 $202,532 $147,169 $54,663 $104,910 $1,070,379

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 $12,000 and a Ideal Target Monthly Income in Retirement™ of $18,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

Copy Scenario into my Real Estate Financial Planner™ Software Account

Blueprint™ Menu of Sections

Reports