The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)

Purchased Typical 20% Down Payment Long Beach, California Rental Property 6 Property
Bought in Month 702

We have a Rule that has you buying the Typical 20% Down Payment Long Beach, 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 702 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical 20% Down Payment Long Beach, California Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $4,370,882.91 purchase price that means you need to have $874,176.58 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($43,708.83) minus any seller concessions ($0).

Description Amount
Down Payment $874,176.58
Rent Ready Costs $0
Closing Costs $43,708.83
Seller Concessions $0
Total Cost To Close: $917,885.41

The monthly rent on this Property is $18,743.08 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Typical 20% Down Payment Long Beach, California Rental Property 1 $131,450 $160,446 $0 $0 $4,967 $296,863
Typical 20% Down Payment Long Beach, California Rental Property 2 $131,450 $158,483 $0 $0 $4,949 $294,882
Typical 20% Down Payment Long Beach, California Rental Property 3 $131,450 -$4,985 $71,410 $16,115 $18,289 $232,279
Typical 20% Down Payment Long Beach, California Rental Property 4 $131,450 -$37,317 $57,233 $18,960 $20,613 $190,938
Typical 20% Down Payment Long Beach, California Rental Property 5 $131,450 -$81,910 $43,767 $23,089 $24,008 $140,404
Typical 20% Down Payment Long Beach, California Rental Property 6 $131,423 -$97,678 $32,464 $27,032 $25,442 $118,684
Totals: $788,673 $97,039 $204,874 $85,195 $98,270 $1,274,050

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  Goal of financial independence, let's look at the Phases of Financial Independence™.

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