The Real Estate Financial Planner Blueprint™
Ep 21 Norm and Norma - BRRRR with 10% Down Deals
Purchased
BRRRR Rental Property - 10% Left In Deal 1 Property
Bought in
Month 49
We have a
Rule that has you buying the
BRRRR Rental Property - 10% Left In Deal 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 49 after we've adjusted for all the income and expenses for the entire month.
To purchase the
BRRRR Rental Property - 10% Left In Deal 1 Property, we're assuming you're getting a 11.111% down payment loan. With a $379,859.22 purchase price that means you need to have $42,206.16 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($0) minus any seller concessions ($0).
| Description | Amount |
|---|---|
| Down Payment | $42,206.16 |
| Rent Ready Costs | $0 |
| Closing Costs | $0 |
| Seller Concessions | $0 |
| Total Cost To Close: | $42,206.16 |
The monthly rent on this
Property is $2,926.32 per month.
Return in Dollars + Reserves
| Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
|---|---|---|---|---|---|---|
BRRRR Rental Property - 10% Left In Deal 1 |
$12,691 | $2,141 | $3,369 | $2,056 | $2,567 | $22,824 |
| Totals: | $12,691 | $2,141 | $3,369 | $2,056 | $2,567 | $22,824 |
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
Scenario into my Real Estate Financial Planner™ Software Account
Blueprint™ Menu of Sections
- Introduction
Accounts
Properties
Rules
Significant Events
Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
Achieved Financial Independence Goal
Achieved Ideal Financial Independence Goal
Paid Off Mortgage
Paid Off Mortgage
Paid Off Mortgage
Achieved 2 X Ideal Financial Independence Goal
Paid Off Mortgage
Paid Off Mortgage
Paid Off Mortgage
Paid Off Mortgage
Paid Off Mortgage
Paid Off Mortgage
Paid Off Mortgage
Final Month Summary
Reports