The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)

Purchased Typical 25% Down Payment Santa Monica, California Rental Property 1 Property
Bought in Month 299

We have a Rule that has you buying the Typical 25% Down Payment Santa Monica, 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 299 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical 25% Down Payment Santa Monica, California Rental Property 1 Property, we're assuming you're getting a 25% down payment loan. With a $4,979,537.20 purchase price that means you need to have $1,244,884.30 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($49,795.37) minus any seller concessions ($0).

Description Amount
Down Payment $1,244,884.30
Rent Ready Costs $0
Closing Costs $49,795.37
Seller Concessions $0
Total Cost To Close: $1,294,679.67

The monthly rent on this Property is $21,865.69 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Typical 25% Down Payment Santa Monica, California Rental Property 1 $149,724 -$75,602 $36,382 $30,796 $26,868 $168,168
Totals: $149,724 -$75,602 $36,382 $30,796 $26,868 $168,168

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 $48,000 and a Ideal Target Monthly Income in Retirement™ of $72,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

Copy Scenario into my Real Estate Financial Planner™ Software Account

Blueprint™ Menu of Sections

Reports