The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Sunnyvale, California Rental Property 7 Property
Bought in Month 1198
We have a Rule that has you buying the Typical 20% Down Payment Sunnyvale, 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 1198 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Sunnyvale, California Rental Property 7 Property, we're assuming you're getting a 20% down payment loan. With a $31,197,335.68 purchase price that means you need to have $6,239,467.14 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($311,973.36) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $6,239,467.14 |
Rent Ready Costs | $0 |
Closing Costs | $311,973.36 |
Seller Concessions | $0 |
Total Cost To Close: | $6,551,440.49 |
The monthly rent on this Property is $110,130.40 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$231,964 | $221,350 | $0 | $0 | $7,804 | $461,118 | |
$231,964 | $227,062 | $0 | $0 | $7,855 | $466,880 | |
$231,964 | $227,784 | $0 | $0 | $7,862 | $467,609 | |
$231,964 | -$29,634 | $154,850 | $24,440 | $28,009 | $409,628 | |
$231,964 | -$106,761 | $107,084 | $32,047 | $34,306 | $298,638 | |
$231,964 | -$193,781 | $78,659 | $40,198 | $41,015 | $198,053 | |
$231,774 | -$109,648 | $41,035 | $48,235 | $34,410 | $245,806 | |
Totals: | $1,623,555 | $236,370 | $381,627 | $144,919 | $161,261 | $2,547,732 |
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 $33,000 and a Ideal Target Monthly Income in Retirement™ of $50,000 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
- 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
- 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
- Final Month Summary
Reports