The Real Estate Financial Planner Blueprint™
04 1 5% Down Primary Then 9 25% Down Rental Properties
Purchased Typical 25% Down Payment Chula Vista, California Rental Property 7 Property
Bought in Month 683
We have a Rule that has you buying the Typical 25% Down Payment Chula Vista, 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 683 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Chula Vista, California Rental Property 7 Property, we're assuming you're getting a 25% down payment loan. With a $4,136,641.78 purchase price that means you need to have $1,034,160.45 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($41,366.42) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $1,034,160.45 |
Rent Ready Costs | $0 |
Closing Costs | $41,366.42 |
Seller Concessions | $0 |
Total Cost To Close: | $1,075,526.86 |
The monthly rent on this Property is $19,716.94 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$124,405 | $0 | $0 | $0 | $4,044 | $128,450 | |
$124,405 | $160,648 | $0 | $0 | $5,922 | $290,975 | |
$124,405 | $25,626 | $71,516 | $13,923 | $16,403 | $251,872 | |
$124,405 | $10,321 | $59,964 | $15,982 | $17,994 | $228,666 | |
$124,405 | -$14,246 | $50,595 | $18,255 | $19,683 | $198,693 | |
$124,405 | -$35,764 | $43,095 | $20,699 | $21,542 | $173,978 | |
$124,405 | -$60,213 | $37,406 | $23,126 | $23,361 | $148,085 | |
$124,380 | -$60,978 | $30,223 | $25,583 | $23,652 | $142,860 | |
Totals: | $995,217 | $25,394 | $292,800 | $117,568 | $132,601 | $1,563,580 |
* Denotes a property that had no rent for at least part of the period covered. |
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 $16,000 and a Ideal Target Monthly Income in Retirement™ of $24,000 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
- 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
- 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports