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

Purchased Typical 20% Down Payment Salinas, California Rental Property 6 Property
Bought in Month 484

We have a Rule that has you buying the Typical 20% Down Payment Salinas, 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 484 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical 20% Down Payment Salinas, California Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $2,138,759.02 purchase price that means you need to have $427,751.80 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($21,387.59) minus any seller concessions ($0).

Description Amount
Down Payment $427,751.80
Rent Ready Costs $0
Closing Costs $21,387.59
Seller Concessions $0
Total Cost To Close: $449,139.39

The monthly rent on this Property is $12,076.90 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 Salinas, California Rental Property 1 $64,321 $105,756 $0 $0 $2,926 $173,003
Typical 20% Down Payment Salinas, California Rental Property 2 $64,321 $32,868 $39,691 $7,181 $8,870 $152,930
Typical 20% Down Payment Salinas, California Rental Property 3 $64,321 $15,540 $30,250 $8,766 $10,171 $129,049
Typical 20% Down Payment Salinas, California Rental Property 4 $64,321 $1,179 $24,655 $10,188 $11,349 $111,691
Typical 20% Down Payment Salinas, California Rental Property 5 $64,321 -$15,694 $20,640 $11,608 $12,503 $93,378
Typical 20% Down Payment Salinas, California Rental Property 6 $64,308 -$19,621 $15,885 $13,227 $12,956 $86,756
Totals: $385,913 $120,028 $131,122 $50,970 $58,775 $746,807

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 $13,000 and a Ideal Target Monthly Income in Retirement™ of $20,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

Copy Scenario into my Real Estate Financial Planner™ Software Account

Blueprint™ Menu of Sections

Reports