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
Typical 20% Down Payment Torrance, California Rental Property 1 $210,247 $263,552 $0 $0 $8,311 $482,111
Typical 20% Down Payment Torrance, California Rental Property 2 $210,247 $265,185 $0 $0 $8,326 $483,758
Typical 20% Down Payment Torrance, California Rental Property 3 $210,247 $1,881 $118,906 $25,024 $28,957 $385,015
Typical 20% Down Payment Torrance, California Rental Property 4 $210,247 -$38,796 $94,981 $29,514 $32,717 $328,664
Typical 20% Down Payment Torrance, California Rental Property 5 $210,247 -$107,947 $73,861 $35,503 $37,600 $249,264
Typical 20% Down Payment Torrance, California Rental Property 6 $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  Goal of financial independence, let's look at the Phases of Financial Independence™.

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