The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Carlsbad, California Rental Property 7 Property
Bought in Month 752
We have a Rule that has you buying the Typical 20% Down Payment Carlsbad, California Rental Property 7 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 752 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Carlsbad, California Rental Property 7 Property, we're assuming you're getting a 20% down payment loan. With a $7,660,533.22 purchase price that means you need to have $1,532,106.64 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($76,605.33) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $1,532,106.64 |
Rent Ready Costs | $0 |
Closing Costs | $76,605.33 |
Seller Concessions | $0 |
Total Cost To Close: | $1,608,711.98 |
The monthly rent on this Property is $37,391.56 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$230,383 | $321,522 | $0 | $0 | $9,794 | $561,699 | |
$230,383 | $319,558 | $0 | $0 | $9,777 | $559,718 | |
$230,383 | $50,231 | $136,099 | $26,556 | $31,761 | $475,030 | |
$230,383 | -$3,908 | $108,714 | $31,322 | $35,654 | $402,165 | |
$230,383 | -$44,090 | $91,013 | $35,689 | $39,306 | $352,302 | |
$230,383 | -$114,608 | $74,178 | $41,476 | $43,991 | $275,420 | |
$230,336 | -$129,512 | $56,898 | $47,377 | $45,702 | $250,801 | |
Totals: | $1,612,633 | $399,193 | $466,902 | $182,420 | $215,986 | $2,877,134 |
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 $25,000 and a Ideal Target Monthly Income in Retirement™ of $38,000 at the time of achieving your
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
- Paid Off Mortgage
- 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
- Paid Off Mortgage
- 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
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports