The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Fullerton, California Rental Property 6 Property
Bought in Month 719
We have a Rule that has you buying the Typical 20% Down Payment Fullerton, California Rental Property 6 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 719 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Fullerton, California Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $5,269,449.21 purchase price that means you need to have $1,053,889.84 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($52,694.49) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $1,053,889.84 |
Rent Ready Costs | $0 |
Closing Costs | $52,694.49 |
Seller Concessions | $0 |
Total Cost To Close: | $1,106,584.33 |
The monthly rent on this Property is $23,391.97 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$158,473 | $202,901 | $0 | $0 | $6,096 | $367,469 | |
$158,473 | $202,283 | $0 | $0 | $6,090 | $366,846 | |
$158,473 | $4,074 | $89,026 | $18,955 | $21,728 | $292,257 | |
$158,473 | -$34,053 | $70,875 | $22,411 | $24,562 | $242,268 | |
$158,473 | -$87,161 | $53,657 | $27,495 | $28,757 | $181,221 | |
$158,441 | -$106,491 | $39,138 | $32,589 | $30,792 | $154,470 | |
Totals: | $950,808 | $181,552 | $252,696 | $101,450 | $118,026 | $1,604,532 |
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 $18,000 and a Ideal Target Monthly Income in Retirement™ of $27,000 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
- 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
- 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
- Final Month Summary
Reports