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 10 Property
Bought in Month 1127

We have a Rule that has you buying the Typical 20% Down Payment Santa Monica, 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 1127 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 10 Property, we're assuming you're getting a 20% down payment loan. With a $38,278,726.94 purchase price that means you need to have $7,655,745.39 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($382,787.27) minus any seller concessions ($0).

Description Amount
Down Payment $7,655,745.39
Rent Ready Costs $0
Closing Costs $382,787.27
Seller Concessions $0
Total Cost To Close: $8,038,532.66

The monthly rent on this Property is $168,086.05 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 $1,151,194 $1,455,543 $0 $0 $42,409 $2,649,146
Typical 20% Down Payment Santa Monica, California Rental Property 2 $1,151,194 $1,473,239 $0 $0 $42,566 $2,666,999
Typical 20% Down Payment Santa Monica, California Rental Property 3 $1,151,194 $1,442,386 $0 $0 $42,292 $2,635,872
Typical 20% Down Payment Santa Monica, California Rental Property 4 $1,151,194 $1,429,326 $0 $0 $42,176 $2,622,695
Typical 20% Down Payment Santa Monica, California Rental Property 5 $1,151,194 $190,553 $780,298 $119,952 $141,278 $2,383,274
Typical 20% Down Payment Santa Monica, California Rental Property 6 $1,151,194 -$94,209 $588,755 $147,525 $164,058 $1,957,324
Typical 20% Down Payment Santa Monica, California Rental Property 7 $1,151,194 -$285,426 $501,227 $166,041 $179,356 $1,712,392
Typical 20% Down Payment Santa Monica, California Rental Property 8 $1,151,194 -$558,541 $409,882 $192,487 $201,205 $1,396,227
Typical 20% Down Payment Santa Monica, California Rental Property 9 $1,151,194 -$808,036 $348,947 $216,646 $221,165 $1,129,915
Typical 20% Down Payment Santa Monica, California Rental Property 10 $1,150,961 -$811,764 $284,311 $236,735 $221,463 $1,081,706
Totals: $11,511,707 $3,433,070 $2,913,421 $1,079,386 $1,297,966 $20,235,550

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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