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
Typical 20% Down Payment Salinas, California Rental Property 1 $64,321 $104,808 $0 $0 $2,918 $172,047
Typical 20% Down Payment Salinas, California Rental Property 2 $64,321 $32,044 $39,558 $7,198 $8,879 $152,000
Typical 20% Down Payment Salinas, California Rental Property 3 $64,321 $14,864 $29,948 $8,831 $10,225 $128,189
Typical 20% Down Payment Salinas, California Rental Property 4 $64,321 $393 $24,408 $10,263 $11,411 $110,796
Typical 20% Down Payment Salinas, California Rental Property 5 $64,321 -$16,588 $20,434 $11,694 $12,574 $92,435
Typical 20% Down Payment Salinas, California Rental Property 6 $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  Goal of financial independence, let's look at the Phases of Financial Independence™.

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