The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Fontana, California Rental Property 5 Property
Bought in Month 469
We have a Rule that has you buying the Typical 20% Down Payment Fontana, California Rental Property 5 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 469 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Fontana, California Rental Property 5 Property, we're assuming you're getting a 20% down payment loan. With a $1,711,322.03 purchase price that means you need to have $342,264.41 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($17,113.22) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $342,264.41 |
Rent Ready Costs | $0 |
Closing Costs | $17,113.22 |
Seller Concessions | $0 |
Total Cost To Close: | $359,377.63 |
The monthly rent on this Property is $9,311.06 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$51,466 | $78,952 | $0 | $0 | $2,593 | $133,011 | |
$51,466 | $17,468 | $31,972 | $5,717 | $7,295 | $113,919 | |
$51,466 | $4,333 | $23,564 | $7,154 | $8,497 | $95,015 | |
$51,466 | -$15,491 | $17,543 | $8,886 | $9,910 | $72,314 | |
$51,456 | -$21,288 | $12,711 | $10,584 | $10,612 | $64,074 | |
Totals: | $257,321 | $63,975 | $85,790 | $32,340 | $38,906 | $478,332 |
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 $11,000 and a Ideal Target Monthly Income in Retirement™ of $17,000 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
- 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
- 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
- Paid Off Mortgage
- Final Month Summary
Reports