The Real Estate Financial Planner Blueprint™
Ep 08 Norm and Norma - Buy 20% Down-Payment Rentals

Purchased Typical 20% Down-Payment Rental Property 1 Property
Bought in Month 92

We have a Rule that has you buying the Typical 20% Down-Payment Rental Property 1 Property even if your Account balance in the All-In-One Account Account has zero dollars. The following is a chart showing the balance of All-In-One Account Account from the start of the Scenario to Month 92 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical 20% Down-Payment Rental Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $469,224 purchase price that means you need to have $93,844.80 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($14,076.72) minus any seller concessions ($0).

Description	Amount
Down Payment	$93,844.80
Rent Ready Costs	$0
Closing Costs	$14,076.72
Seller Concessions	$0
Total Cost To Close:	$107,921.52

The monthly rent on this Property is $3,253.29 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 Rental Property 1	$14,109	$2,969	$3,745	$2,590	$2,860	$26,273
Totals:	$14,109	$2,969	$3,745	$2,590	$2,860	$26,273

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 $10,000 at the time of achieving your Goal of financial independence, let's look at the Phases of Financial Independence™.