The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Vallejo, California Rental Property 6 Property
Bought in Month 468
We have a Rule that has you buying the Typical 20% Down Payment Vallejo, 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 468 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Vallejo, California Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $1,700,638.56 purchase price that means you need to have $340,127.71 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($17,006.39) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $340,127.71 |
Rent Ready Costs | $0 |
Closing Costs | $17,006.39 |
Seller Concessions | $0 |
Total Cost To Close: | $357,134.10 |
The monthly rent on this Property is $9,288.15 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$51,145 | $82,481 | $0 | $0 | $2,267 | $135,893 | |
$51,145 | $23,487 | $32,636 | $5,571 | $6,856 | $119,695 | |
$51,145 | $10,127 | $24,791 | $6,818 | $7,882 | $100,763 | |
$51,145 | -$927 | $20,003 | $7,982 | $8,853 | $87,055 | |
$51,145 | -$14,088 | $16,578 | $9,162 | $9,819 | $72,617 | |
$51,135 | -$17,155 | $12,631 | $10,518 | $10,238 | $67,366 | |
Totals: | $306,859 | $83,925 | $106,639 | $40,050 | $45,915 | $583,390 |
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 $11,000 and a Ideal Target Monthly Income in Retirement™ of $17,000 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
- 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
- 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
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports