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 10 Property
Bought in Month 916

We have a Rule that has you buying the Typical 20% Down Payment Long Beach, 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 916 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 10 Property, we're assuming you're getting a 20% down payment loan. With a $7,404,567.21 purchase price that means you need to have $1,480,913.44 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($74,045.67) minus any seller concessions ($0).

Description Amount
Down Payment $1,480,913.44
Rent Ready Costs $0
Closing Costs $74,045.67
Seller Concessions $0
Total Cost To Close: $1,554,959.11

The monthly rent on this Property is $31,752.02 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 $222,685 $274,326 $0 $0 $8,437 $505,448
Typical 20% Down Payment Long Beach, California Rental Property 2 $222,685 $268,483 $0 $0 $8,385 $499,553
Typical 20% Down Payment Long Beach, California Rental Property 3 $222,685 $272,646 $0 $0 $8,422 $503,753
Typical 20% Down Payment Long Beach, California Rental Property 4 $222,685 $269,311 $0 $0 $8,392 $500,388
Typical 20% Down Payment Long Beach, California Rental Property 5 $222,685 $28,496 $153,491 $22,919 $27,291 $454,882
Typical 20% Down Payment Long Beach, California Rental Property 6 $222,685 -$8,626 $123,847 $26,833 $30,554 $395,292
Typical 20% Down Payment Long Beach, California Rental Property 7 $222,685 -$62,449 $98,596 $31,725 $34,567 $325,123
Typical 20% Down Payment Long Beach, California Rental Property 8 $222,685 -$126,028 $77,448 $37,882 $39,653 $251,639
Typical 20% Down Payment Long Beach, California Rental Property 9 $222,685 -$162,305 $68,641 $41,395 $42,555 $212,971
Typical 20% Down Payment Long Beach, California Rental Property 10 $222,640 -$164,683 $54,997 $45,794 $43,112 $201,859
Totals: $2,226,804 $589,172 $577,019 $206,547 $251,366 $3,850,908

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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