The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Carlsbad, California Rental Property 10 Property
Bought in Month 877
We have a Rule that has you buying the Typical 20% Down Payment Carlsbad, California Rental Property 10 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 877 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 10 Property, we're assuming you're getting a 20% down payment loan. With a $10,422,696.48 purchase price that means you need to have $2,084,539.30 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($104,226.96) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $2,084,539.30 |
Rent Ready Costs | $0 |
Closing Costs | $104,226.96 |
Seller Concessions | $0 |
Total Cost To Close: | $2,188,766.26 |
The monthly rent on this Property is $50,873.86 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$313,452 | $437,420 | $0 | $0 | $13,325 | $764,196 | |
$313,452 | $434,749 | $0 | $0 | $13,301 | $761,501 | |
$313,452 | $441,452 | $0 | $0 | $13,360 | $768,264 | |
$313,452 | $111,283 | $224,926 | $31,322 | $39,178 | $720,161 | |
$313,452 | $72,877 | $188,303 | $35,689 | $42,846 | $653,168 | |
$313,452 | -$1,520 | $153,471 | $41,476 | $47,497 | $554,375 | |
$313,452 | -$54,522 | $128,052 | $47,377 | $52,442 | $486,801 | |
$313,452 | -$115,787 | $111,231 | $52,540 | $56,638 | $418,075 | |
$313,452 | -$183,888 | $94,695 | $59,135 | $62,086 | $345,480 | |
$313,389 | -$168,999 | $77,414 | $64,459 | $62,196 | $348,459 | |
Totals: | $3,134,457 | $973,063 | $978,092 | $331,998 | $402,871 | $5,820,481 |
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