The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Santa Barbara, California Rental Property 1 Property
Bought in Month 255
We have a Rule that has you buying the Typical 25% Down Payment Santa Barbara, California Rental Property 1 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 255 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Santa Barbara, California Rental Property 1 Property, we're assuming you're getting a 25% down payment loan. With a $3,181,525.36 purchase price that means you need to have $795,381.34 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($31,815.25) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $795,381.34 |
Rent Ready Costs | $0 |
Closing Costs | $31,815.25 |
Seller Concessions | $0 |
Total Cost To Close: | $827,196.59 |
The monthly rent on this Property is $12,755.29 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$95,662 | -$61,313 | $23,245 | $19,676 | $16,812 | $94,083 | |
Totals: | $95,662 | -$61,313 | $23,245 | $19,676 | $16,812 | $94,083 |
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 $34,000 and a Ideal Target Monthly Income in Retirement™ of $51,000 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
- 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Final Month Summary
Reports