The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Pomona, California Rental Property 5 Property
Bought in Month 420
We have a Rule that has you buying the Typical 20% Down Payment Pomona, California Rental Property 5 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 420 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Pomona, California Rental Property 5 Property, we're assuming you're getting a 20% down payment loan. With a $1,603,085.41 purchase price that means you need to have $320,617.08 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($16,030.85) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $320,617.08 |
Rent Ready Costs | $0 |
Closing Costs | $16,030.85 |
Seller Concessions | $0 |
Total Cost To Close: | $336,647.94 |
The monthly rent on this Property is $8,841.86 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$48,211 | $0 | $0 | $0 | $1,317 | $49,528 | |
$48,211 | $19,206 | $28,769 | $5,516 | $6,698 | $108,400 | |
$48,211 | $6,222 | $21,562 | $6,818 | $7,777 | $90,590 | |
$48,211 | -$4,908 | $17,456 | $7,963 | $8,729 | $77,451 | |
$48,211 | -$15,225 | $14,811 | $8,984 | $9,575 | $66,356 | |
$48,201 | -$15,436 | $11,907 | $9,914 | $9,674 | $64,261 | |
Totals: | $289,257 | -$10,141 | $94,504 | $39,195 | $43,769 | $456,585 |
* 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 $12,000 and a Ideal Target Monthly Income in Retirement™ of $18,000 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
- 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
- Achieved Financial Independence Goal
- 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
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports