The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment San Jose, California Rental Property 6 Property
Bought in Month 769
We have a Rule that has you buying the Typical 20% Down Payment San Jose, 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 769 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 6 Property, we're assuming you're getting a 20% down payment loan. With a $6,937,114 purchase price that means you need to have $1,387,422.80 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($69,371.14) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $1,387,422.80 |
Rent Ready Costs | $0 |
Closing Costs | $69,371.14 |
Seller Concessions | $0 |
Total Cost To Close: | $1,456,793.94 |
The monthly rent on this Property is $31,178.54 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$208,627 | $257,663 | $0 | $0 | $8,781 | $475,071 | |
$208,627 | $262,587 | $0 | $0 | $8,825 | $480,038 | |
$208,627 | $1,044 | $118,386 | $24,770 | $29,238 | $382,065 | |
$208,627 | -$48,836 | $94,249 | $29,287 | $32,941 | $316,267 | |
$208,627 | -$108,041 | $72,558 | $35,490 | $38,110 | $246,745 | |
$208,584 | -$143,720 | $51,525 | $42,903 | $41,330 | $200,621 | |
Totals: | $1,251,718 | $220,697 | $336,717 | $132,450 | $159,225 | $2,100,807 |
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
- 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
- Paid Off Mortgage
- 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
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports