The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Pasadena, California Rental Property 4 Property
Bought in Month 569
We have a Rule that has you buying the Typical 25% Down Payment Pasadena, California Rental Property 4 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 569 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 4 Property, we're assuming you're getting a 25% down payment loan. With a $4,724,577.11 purchase price that means you need to have $1,181,144.28 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($47,245.77) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $1,181,144.28 |
Rent Ready Costs | $0 |
Closing Costs | $47,245.77 |
Seller Concessions | $0 |
Total Cost To Close: | $1,228,390.05 |
The monthly rent on this Property is $23,398.10 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$142,087 | $203,854 | $0 | $0 | $5,643 | $351,584 | |
$142,087 | $33,108 | $67,417 | $18,480 | $19,630 | $280,721 | |
$142,087 | -$20,052 | $47,997 | $24,112 | $23,883 | $218,026 | |
$142,058 | -$49,193 | $34,519 | $29,219 | $25,887 | $182,490 | |
Totals: | $568,319 | $167,716 | $149,933 | $71,810 | $75,043 | $1,032,822 |
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