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 7 Property
Bought in Month 684
We have a Rule that has you buying the Typical 25% Down Payment Simi Valley, California Rental Property 7 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 684 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 7 Property, we're assuming you're getting a 25% down payment loan. With a $4,107,651.55 purchase price that means you need to have $1,026,912.89 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($41,076.52) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $1,026,912.89 |
Rent Ready Costs | $0 |
Closing Costs | $41,076.52 |
Seller Concessions | $0 |
Total Cost To Close: | $1,067,989.40 |
The monthly rent on this Property is $18,777.29 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$123,533 | $0 | $0 | $0 | $3,350 | $126,884 | |
$123,533 | $159,748 | $0 | $0 | $5,143 | $288,424 | |
$123,533 | $25,644 | $71,239 | $13,791 | $15,521 | $249,729 | |
$123,533 | $10,455 | $59,544 | $15,870 | $17,130 | $226,532 | |
$123,533 | -$13,821 | $50,241 | $18,128 | $18,809 | $196,889 | |
$123,533 | -$35,263 | $42,928 | $20,504 | $20,612 | $172,313 | |
$123,533 | -$59,466 | $37,144 | $22,963 | $22,460 | $146,636 | |
$123,508 | -$60,219 | $30,012 | $25,404 | $22,740 | $141,445 | |
Totals: | $988,243 | $27,078 | $291,107 | $116,659 | $125,766 | $1,548,852 |
* 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