The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Salinas, California Rental Property 6 Property
Bought in Month 484
We have a Rule that has you buying the Typical 20% Down Payment Salinas, California Rental Property 6 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 484 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Salinas, California Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $2,138,759.02 purchase price that means you need to have $427,751.80 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($21,387.59) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $427,751.80 |
Rent Ready Costs | $0 |
Closing Costs | $21,387.59 |
Seller Concessions | $0 |
Total Cost To Close: | $449,139.39 |
The monthly rent on this Property is $12,076.90 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$64,321 | $104,808 | $0 | $0 | $2,918 | $172,047 | |
$64,321 | $32,044 | $39,558 | $7,198 | $8,879 | $152,000 | |
$64,321 | $14,864 | $29,948 | $8,831 | $10,225 | $128,189 | |
$64,321 | $393 | $24,408 | $10,263 | $11,411 | $110,796 | |
$64,321 | -$16,588 | $20,434 | $11,694 | $12,574 | $92,435 | |
$64,308 | -$20,501 | $15,885 | $13,227 | $12,942 | $85,862 | |
Totals: | $385,913 | $115,021 | $130,233 | $51,214 | $58,948 | $741,329 |
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 $13,000 and a Ideal Target Monthly Income in Retirement™ of $20,000 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
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- 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
- Paid Off Mortgage
- Final Month Summary
Reports