The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Oakland, California Rental Property 6 Property
Bought in Month 514
We have a Rule that has you buying the Typical 25% Down Payment Oakland, 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 514 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Oakland, California Rental Property 6 Property, we're assuming you're getting a 25% down payment loan. With a $2,560,248.45 purchase price that means you need to have $640,062.11 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($25,602.48) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $640,062.11 |
Rent Ready Costs | $0 |
Closing Costs | $25,602.48 |
Seller Concessions | $0 |
Total Cost To Close: | $665,664.60 |
The monthly rent on this Property is $14,151.15 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$76,997 | $122,823 | $0 | $0 | $3,615 | $203,436 | |
$76,997 | $40,245 | $43,163 | $8,788 | $10,255 | $179,447 | |
$76,997 | $21,298 | $33,035 | $10,835 | $11,804 | $153,969 | |
$76,997 | $726 | $27,181 | $12,623 | $13,121 | $130,648 | |
$76,997 | -$14,123 | $23,152 | $14,313 | $14,406 | $114,745 | |
$76,981 | -$14,358 | $18,706 | $15,834 | $14,590 | $111,752 | |
Totals: | $461,966 | $156,611 | $145,235 | $62,394 | $67,790 | $893,997 |
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 $15,000 and a Ideal Target Monthly Income in Retirement™ of $23,000 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
- 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
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports