The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Moreno Valley, California Rental Property 6 Property
Bought in Month 459
We have a Rule that has you buying the Typical 20% Down Payment Moreno Valley, 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 459 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Moreno Valley, California Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $1,484,541.46 purchase price that means you need to have $296,908.29 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($14,845.41) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $296,908.29 |
Rent Ready Costs | $0 |
Closing Costs | $14,845.41 |
Seller Concessions | $0 |
Total Cost To Close: | $311,753.71 |
The monthly rent on this Property is $8,111.17 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$44,646 | $68,993 | $0 | $0 | $2,053 | $115,692 | |
$44,646 | $19,862 | $28,681 | $4,839 | $6,058 | $104,087 | |
$44,646 | $8,314 | $21,713 | $5,937 | $6,963 | $87,573 | |
$44,646 | -$3,707 | $17,286 | $7,019 | $7,850 | $73,095 | |
$44,646 | -$15,253 | $14,136 | $8,137 | $8,774 | $60,440 | |
$44,637 | -$17,958 | $11,026 | $9,181 | $9,009 | $55,895 | |
Totals: | $267,867 | $60,252 | $92,843 | $35,114 | $40,706 | $496,782 |
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 $10,000 and a Ideal Target Monthly Income in Retirement™ of $15,000 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
- 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
- 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