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

Purchased Typical 20% Down Payment Santa Monica, California Rental Property 1 Property
Bought in Month 269

We have a Rule that has you buying the Typical 20% Down Payment Santa Monica, California Rental Property 1 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 269 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical 20% Down Payment Santa Monica, California Rental Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $4,624,831.55 purchase price that means you need to have $924,966.31 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($46,248.32) minus any seller concessions ($0).

Description Amount
Down Payment $924,966.31
Rent Ready Costs $0
Closing Costs $46,248.32
Seller Concessions $0
Total Cost To Close: $971,214.63

The monthly rent on this Property is $20,308.14 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 Monica, California Rental Property 1 $139,059 -$95,184 $34,351 $28,602 $26,809 $133,637
Totals: $139,059 -$95,184 $34,351 $28,602 $26,809 $133,637

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 $48,000 and a Ideal Target Monthly Income in Retirement™ of $72,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

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