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

Purchased Typical 20% Down Payment Santa Barbara, California Rental Property 6 Property
Bought in Month 939

We have a Rule that has you buying the Typical 20% Down Payment Santa Barbara, 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 939 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical 20% Down Payment Santa Barbara, California Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $17,153,675.81 purchase price that means you need to have $3,430,735.16 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($171,536.76) minus any seller concessions ($0).

Description Amount
Down Payment $3,430,735.16
Rent Ready Costs $0
Closing Costs $171,536.76
Seller Concessions $0
Total Cost To Close: $3,602,271.92

The monthly rent on this Property is $68,772.07 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 Santa Barbara, California Rental Property 1 $515,879 $587,646 $0 $0 $17,193 $1,120,718
Typical 20% Down Payment Santa Barbara, California Rental Property 2 $515,879 $593,003 $0 $0 $17,241 $1,126,123
Typical 20% Down Payment Santa Barbara, California Rental Property 3 $515,879 $40,446 $342,706 $54,554 $62,408 $1,015,994
Typical 20% Down Payment Santa Barbara, California Rental Property 4 $515,879 -$131,327 $245,074 $69,791 $74,869 $774,287
Typical 20% Down Payment Santa Barbara, California Rental Property 5 $515,879 -$322,674 $178,817 $87,975 $89,861 $549,859
Typical 20% Down Payment Santa Barbara, California Rental Property 6 $515,775 -$412,167 $127,407 $106,087 $97,654 $434,757
Totals: $3,095,172 $354,928 $894,005 $318,407 $359,226 $5,021,738

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 $34,000 and a Ideal Target Monthly Income in Retirement™ of $51,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

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