The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment San Jose, California Rental Property 9 Property
Bought in Month 851
We have a Rule that has you buying the Typical 20% Down Payment San Jose, California Rental Property 9 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 851 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment San Jose, California Rental Property 9 Property, we're assuming you're getting a 20% down payment loan. With a $8,489,847.06 purchase price that means you need to have $1,697,969.41 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($84,898.47) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $1,697,969.41 |
Rent Ready Costs | $0 |
Closing Costs | $84,898.47 |
Seller Concessions | $0 |
Total Cost To Close: | $1,782,867.88 |
The monthly rent on this Property is $38,157.23 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$255,324 | $0 | $0 | $0 | $7,150 | $262,473 | |
$255,324 | $319,359 | $0 | $0 | $10,783 | $585,465 | |
$255,324 | $319,359 | $0 | $0 | $10,783 | $585,465 | |
$255,324 | $50,186 | $184,447 | $25,388 | $31,696 | $547,040 | |
$255,324 | $10,128 | $147,334 | $29,943 | $35,521 | $478,250 | |
$255,324 | -$39,125 | $120,483 | $34,712 | $39,461 | $410,856 | |
$255,324 | -$96,121 | $100,529 | $39,651 | $43,488 | $342,870 | |
$255,324 | -$134,423 | $88,205 | $43,649 | $46,818 | $299,572 | |
$255,324 | -$176,008 | $78,438 | $47,579 | $50,056 | $255,388 | |
$255,272 | -$178,183 | $63,057 | $52,506 | $50,586 | $243,238 | |
Totals: | $2,553,184 | $75,170 | $782,494 | $273,427 | $326,342 | $4,010,616 |
* 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 $22,000 and a Ideal Target Monthly Income in Retirement™ of $33,000 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
- 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
- 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
- Final Month Summary
Reports