The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Orange, California Rental Property 1 Property
Bought in Month 182
We have a Rule that has you buying the Typical 25% Down Payment Orange, California Rental Property 1 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 182 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Orange, California Rental Property 1 Property, we're assuming you're getting a 25% down payment loan. With a $1,453,014.11 purchase price that means you need to have $363,253.53 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($14,530.14) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $363,253.53 |
Rent Ready Costs | $0 |
Closing Costs | $14,530.14 |
Seller Concessions | $0 |
Total Cost To Close: | $377,783.67 |
The monthly rent on this Property is $7,379.55 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$43,689 | -$13,915 | $10,616 | $8,986 | $7,985 | $57,361 | |
Totals: | $43,689 | -$13,915 | $10,616 | $8,986 | $7,985 | $57,361 |
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
- 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
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports