The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Pasadena, California Rental Property 1 Property
Bought in Month 186
We have a Rule that has you buying the Typical 20% Down Payment Pasadena, 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 186 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 1 Property, we're assuming you're getting a 20% down payment loan. With a $1,839,253.20 purchase price that means you need to have $367,850.64 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($18,392.53) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $367,850.64 |
Rent Ready Costs | $0 |
Closing Costs | $18,392.53 |
Seller Concessions | $0 |
Total Cost To Close: | $386,243.17 |
The monthly rent on this Property is $9,108.76 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$55,303 | -$28,194 | $13,661 | $11,375 | $10,822 | $62,966 | |
Totals: | $55,303 | -$28,194 | $13,661 | $11,375 | $10,822 | $62,966 |
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
- 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