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

Purchased Typical 20% Down Payment Torrance, California Rental Property 6 Property
Bought in Month 762

We have a Rule that has you buying the Typical 20% Down Payment Torrance, 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 762 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical 20% Down Payment Torrance, California Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $6,922,462.88 purchase price that means you need to have $1,384,492.58 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($69,224.63) minus any seller concessions ($0).

Description Amount
Down Payment $1,384,492.58
Rent Ready Costs $0
Closing Costs $69,224.63
Seller Concessions $0
Total Cost To Close: $1,453,717.20

The monthly rent on this Property is $30,796.11 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 Torrance, California Rental Property 1 $208,186 $263,399 $0 $0 $8,251 $479,837
Typical 20% Down Payment Torrance, California Rental Property 2 $208,186 $261,778 $0 $0 $8,237 $478,201
Typical 20% Down Payment Torrance, California Rental Property 3 $208,186 $1,400 $116,954 $24,901 $28,781 $380,222
Typical 20% Down Payment Torrance, California Rental Property 4 $208,186 -$39,157 $93,735 $29,297 $32,456 $324,516
Typical 20% Down Payment Torrance, California Rental Property 5 $208,186 -$107,782 $72,892 $35,241 $37,303 $245,841
Typical 20% Down Payment Torrance, California Rental Property 6 $208,144 -$143,982 $51,416 $42,812 $40,698 $199,087
Totals: $1,249,074 $235,656 $334,996 $132,251 $155,726 $2,107,704

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 $22,000 and a Ideal Target Monthly Income in Retirement™ of $33,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

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