The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Pasadena, California Rental Property 1 Property
Bought in Month 209
We have a Rule that has you buying the Typical 25% 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 209 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Pasadena, California Rental Property 1 Property, we're assuming you're getting a 25% down payment loan. With a $1,946,463.21 purchase price that means you need to have $486,615.80 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($19,464.63) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $486,615.80 |
Rent Ready Costs | $0 |
Closing Costs | $19,464.63 |
Seller Concessions | $0 |
Total Cost To Close: | $506,080.43 |
The monthly rent on this Property is $9,639.71 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$58,526 | -$20,267 | $14,221 | $12,038 | $10,665 | $75,184 | |
Totals: | $58,526 | -$20,267 | $14,221 | $12,038 | $10,665 | $75,184 |
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
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports