The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Torrance, California Rental Property 6 Property
Bought in Month 766
We have a Rule that has you buying the Typical 20% Down Payment Torrance, California Rental Property 6 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 766 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Torrance, California Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $6,991,006.57 purchase price that means you need to have $1,398,201.31 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($69,910.07) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $1,398,201.31 |
Rent Ready Costs | $0 |
Closing Costs | $69,910.07 |
Seller Concessions | $0 |
Total Cost To Close: | $1,468,111.38 |
The monthly rent on this Property is $31,101.04 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$210,247 | $263,552 | $0 | $0 | $8,311 | $482,111 | |
$210,247 | $265,185 | $0 | $0 | $8,326 | $483,758 | |
$210,247 | $1,881 | $118,906 | $25,024 | $28,957 | $385,015 | |
$210,247 | -$38,796 | $94,981 | $29,514 | $32,717 | $328,664 | |
$210,247 | -$107,947 | $73,861 | $35,503 | $37,600 | $249,264 | |
$210,205 | -$144,551 | $51,925 | $43,236 | $41,105 | $201,919 | |
Totals: | $1,261,442 | $239,324 | $339,673 | $133,277 | $157,015 | $2,130,731 |
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 $22,000 and a Ideal Target Monthly Income in Retirement™ of $33,000 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
- 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
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports