The Real Estate Financial Planner Blueprint™
27 Buy 10 All Cash Rental Properties as a Renter
Purchased Typical All Cash Escondido, California Rental Property 10 Property
Bought in Month 1050
We have a Rule that has you buying the Typical All Cash Escondido, 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 1050 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical All Cash Escondido, California Rental Property 10 Property, we're assuming you're getting a 100% down payment loan. With a $10,022,040.13 purchase price that means you need to have $10,022,040.13 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($100,220.40) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $10,022,040.13 |
Rent Ready Costs | $0 |
Closing Costs | $100,220.40 |
Seller Concessions | $0 |
Total Cost To Close: | $10,122,260.53 |
The monthly rent on this Property is $52,168.45 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$301,403 | $452,347 | $0 | $0 | $12,997 | $766,746 | |
$301,403 | $445,574 | $0 | $0 | $12,936 | $759,913 | |
$301,403 | $453,711 | $0 | $0 | $13,009 | $768,123 | |
$301,403 | $460,585 | $0 | $0 | $13,070 | $775,058 | |
$301,403 | $449,627 | $0 | $0 | $12,972 | $764,002 | |
$301,403 | $460,585 | $0 | $31,483 | $13,070 | $806,540 | |
$301,403 | $448,273 | $0 | $40,177 | $12,960 | $802,813 | |
$301,403 | $448,273 | $0 | $47,974 | $12,960 | $810,610 | |
$301,403 | $460,585 | $0 | $55,205 | $13,070 | $830,263 | |
$301,342 | $458,794 | $0 | $61,981 | $13,090 | $835,207 | |
Totals: | $3,013,966 | $4,538,355 | $0 | $236,821 | $130,134 | $7,919,275 |
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
- 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
- Achieved Financial Independence Goal
- 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
- Achieved Ideal Financial Independence Goal
- 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
- Final Month Summary
Reports