The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Concord, California Rental Property 9 Property
Bought in Month 768
We have a Rule that has you buying the Typical 20% Down Payment Concord, California Rental Property 9 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 768 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Concord, California Rental Property 9 Property, we're assuming you're getting a 20% down payment loan. With a $4,587,545.34 purchase price that means you need to have $917,509.07 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($45,875.45) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $917,509.07 |
Rent Ready Costs | $0 |
Closing Costs | $45,875.45 |
Seller Concessions | $0 |
Total Cost To Close: | $963,384.52 |
The monthly rent on this Property is $21,530.97 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$137,966 | $186,094 | $0 | $0 | $5,562 | $329,622 | |
$137,966 | $187,230 | $0 | $0 | $5,573 | $330,768 | |
$137,966 | $187,230 | $0 | $0 | $5,573 | $330,768 | |
$137,966 | $38,768 | $93,515 | $14,376 | $17,449 | $302,074 | |
$137,966 | $13,684 | $79,081 | $16,260 | $18,956 | $265,946 | |
$137,966 | -$18,528 | $60,881 | $19,704 | $21,832 | $221,855 | |
$137,966 | -$44,067 | $52,884 | $21,852 | $23,576 | $192,211 | |
$137,966 | -$80,010 | $43,246 | $25,332 | $26,452 | $152,986 | |
$137,938 | -$81,534 | $34,074 | $28,372 | $27,074 | $145,923 | |
Totals: | $1,241,664 | $388,866 | $363,680 | $125,896 | $152,046 | $2,272,152 |
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 $14,000 and a Ideal Target Monthly Income in Retirement™ of $21,000 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
- 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
- Paid Off Mortgage
- Achieved Financial Independence Goal
- 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