The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment San Mateo, California Rental Property 9 Property
Bought in Month 754
We have a Rule that has you buying the Typical 25% Down Payment San Mateo, 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 754 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment San Mateo, California Rental Property 9 Property, we're assuming you're getting a 25% down payment loan. With a $8,569,450.39 purchase price that means you need to have $2,142,362.60 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($85,694.50) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $2,142,362.60 |
Rent Ready Costs | $0 |
Closing Costs | $85,694.50 |
Seller Concessions | $0 |
Total Cost To Close: | $2,228,057.10 |
The monthly rent on this Property is $43,668.94 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$257,718 | $388,444 | $0 | $0 | $10,402 | $656,563 | |
$257,718 | $388,444 | $0 | $0 | $10,402 | $656,563 | |
$257,718 | $117,606 | $152,407 | $28,210 | $31,663 | $587,602 | |
$257,718 | $67,364 | $119,996 | $34,017 | $36,089 | $515,183 | |
$257,718 | $26,291 | $104,155 | $38,005 | $39,069 | $465,238 | |
$257,718 | -$6,267 | $91,840 | $41,940 | $42,081 | $427,312 | |
$257,718 | -$42,974 | $82,006 | $45,829 | $45,018 | $387,596 | |
$257,718 | -$83,025 | $74,386 | $49,466 | $47,713 | $346,257 | |
$257,665 | -$70,611 | $62,611 | $52,998 | $47,127 | $349,790 | |
Totals: | $2,319,406 | $785,271 | $687,400 | $290,464 | $309,565 | $4,392,105 |
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 $27,000 and a Ideal Target Monthly Income in Retirement™ of $41,000 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
- 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
- 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
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports