The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Irvine, California Rental Property 8 Property
Bought in Month 707
We have a Rule that has you buying the Typical 20% Down Payment Irvine, California Rental Property 8 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 707 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Irvine, California Rental Property 8 Property, we're assuming you're getting a 20% down payment loan. With a $6,351,088.10 purchase price that means you need to have $1,270,217.62 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($63,510.88) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $1,270,217.62 |
Rent Ready Costs | $0 |
Closing Costs | $63,510.88 |
Seller Concessions | $0 |
Total Cost To Close: | $1,333,728.50 |
The monthly rent on this Property is $33,169.51 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$191,003 | $291,219 | $0 | $0 | $8,441 | $490,663 | |
$191,003 | $289,465 | $0 | $0 | $8,425 | $488,892 | |
$191,003 | $70,740 | $120,258 | $21,010 | $25,768 | $428,779 | |
$191,003 | $19,380 | $92,893 | $25,398 | $29,340 | $358,013 | |
$191,003 | -$3,730 | $80,150 | $28,306 | $31,803 | $327,532 | |
$191,003 | -$40,293 | $67,779 | $32,016 | $34,884 | $285,387 | |
$191,003 | -$92,295 | $57,317 | $36,212 | $38,274 | $230,510 | |
$190,964 | -$82,731 | $47,172 | $39,278 | $38,201 | $232,884 | |
Totals: | $1,527,982 | $451,754 | $465,569 | $182,220 | $215,135 | $2,842,660 |
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 $23,000 and a Ideal Target Monthly Income in Retirement™ of $35,000 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
- 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
- Paid Off Mortgage
- Final Month Summary
Reports