The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)

Purchased Typical 20% Down Payment Long Beach, California Rental Property 6 Property
Bought in Month 699

We have a Rule that has you buying the Typical 20% Down Payment Long Beach, 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 699 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical 20% Down Payment Long Beach, California Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $4,338,702.44 purchase price that means you need to have $867,740.49 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($43,387.02) minus any seller concessions ($0).

Description Amount
Down Payment $867,740.49
Rent Ready Costs $0
Closing Costs $43,387.02
Seller Concessions $0
Total Cost To Close: $911,127.51

The monthly rent on this Property is $18,605.08 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 Long Beach, California Rental Property 1 $130,482 $160,740 $0 $0 $4,943 $296,165
Typical 20% Down Payment Long Beach, California Rental Property 2 $130,482 $157,316 $0 $0 $4,913 $292,711
Typical 20% Down Payment Long Beach, California Rental Property 3 $130,482 -$5,034 $71,122 $15,957 $18,118 $230,645
Typical 20% Down Payment Long Beach, California Rental Property 4 $130,482 -$37,036 $56,622 $18,866 $20,504 $189,438
Typical 20% Down Payment Long Beach, California Rental Property 5 $130,482 -$81,307 $43,445 $22,919 $23,831 $139,370
Typical 20% Down Payment Long Beach, California Rental Property 6 $130,456 -$96,959 $32,225 $26,833 $25,255 $117,810
Totals: $782,866 $97,720 $203,414 $84,575 $97,565 $1,266,140

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 $16,000 and a Ideal Target Monthly Income in Retirement™ of $24,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

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