The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Torrance, California Rental Property 10 Property
Bought in Month 902
We have a Rule that has you buying the Typical 25% Down Payment Torrance, California Rental Property 10 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 902 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 10 Property, we're assuming you're getting a 25% down payment loan. With a $9,773,008.06 purchase price that means you need to have $2,443,252.02 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($97,730.08) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $2,443,252.02 |
Rent Ready Costs | $0 |
Closing Costs | $97,730.08 |
Seller Concessions | $0 |
Total Cost To Close: | $2,540,982.10 |
The monthly rent on this Property is $43,477.39 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$293,913 | $366,123 | $0 | $0 | $11,597 | $671,633 | |
$293,913 | $371,823 | $0 | $0 | $11,648 | $677,384 | |
$293,913 | $361,613 | $0 | $0 | $11,557 | $667,083 | |
$293,913 | $94,171 | $192,827 | $29,660 | $34,064 | $644,635 | |
$293,913 | $36,914 | $158,158 | $34,639 | $37,733 | $561,357 | |
$293,913 | -$2,335 | $132,611 | $39,762 | $41,683 | $505,634 | |
$293,913 | -$49,548 | $114,383 | $44,643 | $45,358 | $448,748 | |
$293,913 | -$88,621 | $102,135 | $48,782 | $48,483 | $404,693 | |
$293,913 | -$145,258 | $90,342 | $53,701 | $52,107 | $344,805 | |
$293,854 | -$161,334 | $71,404 | $60,441 | $53,393 | $317,758 | |
Totals: | $2,939,074 | $783,547 | $861,860 | $311,629 | $347,623 | $5,243,732 |
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 $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
- 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports