The Real Estate Financial Planner Blueprint™
04 1 5% Down Primary Then 9 25% Down Rental Properties
Purchased Typical 25% Down Payment Torrance, California Rental Property 7 Property
Bought in Month 769
We have a Rule that has you buying the Typical 25% Down Payment Torrance, 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 769 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Torrance, California Rental Property 7 Property, we're assuming you're getting a 25% down payment loan. With a $7,042,859.37 purchase price that means you need to have $1,760,714.84 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($70,428.59) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $1,760,714.84 |
Rent Ready Costs | $0 |
Closing Costs | $70,428.59 |
Seller Concessions | $0 |
Total Cost To Close: | $1,831,143.44 |
The monthly rent on this Property is $31,331.72 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$211,807 | $0 | $0 | $0 | $5,411 | $217,218 | |
$211,807 | $269,618 | $0 | $0 | $8,409 | $489,834 | |
$211,807 | $52,368 | $132,138 | $22,233 | $25,132 | $443,678 | |
$211,807 | $20,017 | $107,701 | $26,094 | $28,083 | $393,701 | |
$211,807 | -$19,092 | $88,894 | $30,325 | $31,285 | $343,219 | |
$211,807 | -$64,717 | $74,770 | $34,724 | $34,571 | $291,155 | |
$211,807 | -$105,947 | $64,088 | $39,179 | $37,942 | $247,069 | |
$211,764 | -$107,391 | $51,457 | $43,557 | $38,570 | $237,956 | |
Totals: | $1,694,412 | $44,855 | $519,048 | $196,112 | $209,402 | $2,663,830 |
* 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 $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
- 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
- Paid Off Mortgage
- Achieved Financial Independence Goal
- 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