The Real Estate Financial Planner Blueprint™
04 1 5% Down Primary Then 9 25% Down Rental Properties
Purchased Typical 25% Down Payment Simi Valley, California Rental Property 2 Property
Bought in Month 436
We have a Rule that has you buying the Typical 25% Down Payment Simi Valley, California Rental Property 2 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 436 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Simi Valley, California Rental Property 2 Property, we're assuming you're getting a 25% down payment loan. With a $2,229,928.57 purchase price that means you need to have $557,482.14 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($22,299.29) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $557,482.14 |
Rent Ready Costs | $0 |
Closing Costs | $22,299.29 |
Seller Concessions | $0 |
Total Cost To Close: | $579,781.43 |
The monthly rent on this Property is $10,193.66 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$67,063 | $0 | $0 | $0 | $1,819 | $68,882 | |
$67,063 | -$12,063 | $25,211 | $10,466 | $10,695 | $101,372 | |
$67,049 | -$34,828 | $16,293 | $13,791 | $12,326 | $74,631 | |
Totals: | $201,175 | -$46,891 | $41,504 | $24,257 | $24,840 | $244,884 |
* Denotes a property that had no rent for at least part of the period covered. |
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 $16,000 and a Ideal Target Monthly Income in Retirement™ of $24,000 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
- 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- 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
- Final Month Summary
Reports