The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Pasadena, California Rental Property 8 Property
Bought in Month 691
We have a Rule that has you buying the Typical 20% Down Payment Pasadena, 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 691 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Pasadena, California Rental Property 8 Property, we're assuming you're getting a 20% down payment loan. With a $6,380,794.03 purchase price that means you need to have $1,276,158.81 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($63,807.94) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $1,276,158.81 |
Rent Ready Costs | $0 |
Closing Costs | $63,807.94 |
Seller Concessions | $0 |
Total Cost To Close: | $1,339,966.75 |
The monthly rent on this Property is $31,600.39 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$191,896 | $0 | $0 | $0 | $4,657 | $196,553 | |
$191,896 | $276,969 | $0 | $0 | $7,637 | $476,502 | |
$191,896 | $58,472 | $119,210 | $21,318 | $25,263 | $416,160 | |
$191,896 | $22,409 | $99,134 | $24,410 | $27,782 | $365,631 | |
$191,896 | -$9,472 | $84,964 | $27,339 | $30,187 | $324,914 | |
$191,896 | -$35,203 | $73,309 | $30,469 | $32,831 | $293,302 | |
$191,896 | -$64,426 | $64,323 | $33,541 | $35,392 | $260,725 | |
$191,896 | -$96,451 | $57,200 | $36,561 | $37,879 | $227,085 | |
$191,857 | -$97,020 | $47,393 | $39,462 | $37,556 | $219,247 | |
Totals: | $1,727,025 | $55,277 | $545,532 | $213,100 | $239,185 | $2,780,118 |
* Denotes a property that had no rent for at least part of the period covered. |
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 $24,000 and a Ideal Target Monthly Income in Retirement™ of $36,000 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
- 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
- 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
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports