The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Fontana, California Rental Property 10 Property
Bought in Month 670
We have a Rule that has you buying the Typical 20% Down Payment Fontana, 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 670 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 10 Property, we're assuming you're getting a 20% down payment loan. With a $2,807,729.44 purchase price that means you need to have $561,545.89 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($28,077.29) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $561,545.89 |
Rent Ready Costs | $0 |
Closing Costs | $28,077.29 |
Seller Concessions | $0 |
Total Cost To Close: | $589,623.18 |
The monthly rent on this Property is $15,276.46 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$84,440 | $129,543 | $0 | $0 | $4,254 | $218,236 | |
$84,440 | $125,541 | $0 | $0 | $4,219 | $214,200 | |
$84,440 | $128,332 | $0 | $0 | $4,243 | $217,015 | |
$84,440 | $33,383 | $56,472 | $8,886 | $11,556 | $194,736 | |
$84,440 | $20,242 | $44,508 | $10,584 | $12,998 | $172,772 | |
$84,440 | $5,416 | $39,315 | $11,594 | $13,793 | $154,558 | |
$84,440 | -$13,654 | $32,150 | $13,440 | $15,319 | $131,695 | |
$84,440 | -$22,106 | $29,664 | $14,259 | $15,995 | $122,251 | |
$84,440 | -$40,588 | $25,254 | $16,048 | $17,474 | $102,628 | |
$84,423 | -$36,278 | $20,854 | $17,364 | $17,412 | $103,775 | |
Totals: | $844,379 | $329,831 | $248,217 | $92,174 | $117,264 | $1,631,866 |
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