The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Elk Grove, California Rental Property 9 Property
Bought in Month 742
We have a Rule that has you buying the Typical 20% Down Payment Elk Grove, 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 742 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Elk Grove, California Rental Property 9 Property, we're assuming you're getting a 20% down payment loan. With a $3,773,419.11 purchase price that means you need to have $754,683.82 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($37,734.19) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $754,683.82 |
Rent Ready Costs | $0 |
Closing Costs | $37,734.19 |
Seller Concessions | $0 |
Total Cost To Close: | $792,418.01 |
The monthly rent on this Property is $18,240.89 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$113,482 | $152,030 | $0 | $0 | $5,249 | $270,761 | |
$113,482 | $152,513 | $0 | $0 | $5,253 | $271,248 | |
$113,482 | $151,067 | $0 | $0 | $5,240 | $269,789 | |
$113,482 | $24,107 | $75,641 | $11,971 | $15,101 | $240,301 | |
$113,482 | $8,849 | $63,965 | $13,540 | $16,406 | $216,242 | |
$113,482 | -$17,905 | $49,244 | $16,408 | $18,801 | $180,031 | |
$113,482 | -$39,275 | $43,208 | $18,063 | $20,130 | $155,607 | |
$113,482 | -$68,986 | $35,333 | $20,940 | $22,506 | $123,276 | |
$113,459 | -$70,139 | $28,027 | $23,337 | $22,937 | $117,620 | |
Totals: | $1,021,313 | $292,263 | $295,418 | $104,259 | $131,622 | $1,844,875 |
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 $13,000 and a Ideal Target Monthly Income in Retirement™ of $20,000 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
- 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
- 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
- Final Month Summary
Reports