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 10 Property
Bought in Month 974
We have a Rule that has you buying the Typical 20% Down Payment San Jose, California Rental Property 10 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 974 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 10 Property, we're assuming you're getting a 20% down payment loan. With a $11,494,270.68 purchase price that means you need to have $2,298,854.14 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($114,942.71) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $2,298,854.14 |
Rent Ready Costs | $0 |
Closing Costs | $114,942.71 |
Seller Concessions | $0 |
Total Cost To Close: | $2,413,796.84 |
The monthly rent on this Property is $51,660.47 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$345,679 | $426,914 | $0 | $0 | $14,549 | $787,142 | |
$345,679 | $435,072 | $0 | $0 | $14,622 | $795,372 | |
$345,679 | $425,566 | $0 | $0 | $14,537 | $785,782 | |
$345,679 | $420,208 | $0 | $0 | $14,490 | $780,376 | |
$345,679 | $61,746 | $239,068 | $35,490 | $43,883 | $725,866 | |
$345,679 | -$7,995 | $184,667 | $42,903 | $50,067 | $615,321 | |
$345,679 | -$79,698 | $156,687 | $48,406 | $54,482 | $525,556 | |
$345,679 | -$176,706 | $123,079 | $57,800 | $62,243 | $412,094 | |
$345,679 | -$232,056 | $109,083 | $63,159 | $66,671 | $352,536 | |
$345,609 | -$252,743 | $85,373 | $71,086 | $68,326 | $317,650 | |
Totals: | $3,456,716 | $1,020,309 | $897,957 | $318,845 | $403,869 | $6,097,696 |
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