The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Orange, California Rental Property 8 Property
Bought in Month 683
We have a Rule that has you buying the Typical 20% Down Payment Orange, 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 683 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Orange, California Rental Property 8 Property, we're assuming you're getting a 20% down payment loan. With a $4,991,418.27 purchase price that means you need to have $998,283.65 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($49,914.18) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $998,283.65 |
Rent Ready Costs | $0 |
Closing Costs | $49,914.18 |
Seller Concessions | $0 |
Total Cost To Close: | $1,048,197.84 |
The monthly rent on this Property is $25,350.36 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$150,112 | $220,615 | $0 | $0 | $6,076 | $376,803 | |
$150,112 | $225,257 | $0 | $0 | $6,117 | $381,486 | |
$150,112 | $53,642 | $94,196 | $16,553 | $19,787 | $334,290 | |
$150,112 | $13,456 | $72,518 | $20,059 | $22,648 | $278,793 | |
$150,112 | -$4,947 | $62,570 | $22,356 | $24,593 | $254,684 | |
$150,112 | -$41,830 | $52,912 | $25,286 | $26,955 | $213,434 | |
$150,112 | -$74,605 | $45,046 | $28,459 | $29,577 | $178,589 | |
$150,081 | -$67,227 | $37,073 | $30,869 | $29,516 | $180,313 | |
Totals: | $1,200,864 | $324,362 | $364,316 | $143,583 | $165,267 | $2,198,392 |
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 $19,000 and a Ideal Target Monthly Income in Retirement™ of $29,000 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