The Real Estate Financial Planner Blueprint™
04 1 5% Down Primary Then 9 25% Down Rental Properties
Purchased Typical 25% Down Payment Elizabeth, New Jersey Rental Property 9 Property
Bought in Month 658
We have a Rule that has you buying the Typical 25% Down Payment Elizabeth, New Jersey Rental Property 9 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 658 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Elizabeth, New Jersey Rental Property 9 Property, we're assuming you're getting a 25% down payment loan. With a $1,941,449.77 purchase price that means you need to have $485,362.44 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($19,414.50) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $485,362.44 |
Rent Ready Costs | $0 |
Closing Costs | $19,414.50 |
Seller Concessions | $0 |
Total Cost To Close: | $504,776.94 |
The monthly rent on this Property is $12,977.57 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$58,387 | $0 | $0 | $0 | $5,442 | $63,829 | |
$58,387 | $69,624 | $0 | $0 | $6,666 | $134,676 | |
$58,387 | $70,645 | $0 | $0 | $6,675 | $135,707 | |
$58,387 | $13,021 | $36,886 | $6,069 | $11,254 | $125,618 | |
$58,387 | $3,193 | $30,928 | $6,966 | $11,920 | $111,395 | |
$58,387 | -$1,609 | $26,930 | $7,764 | $12,547 | $104,019 | |
$58,387 | -$11,507 | $23,523 | $8,631 | $13,186 | $92,221 | |
$58,387 | -$19,061 | $21,004 | $9,432 | $13,791 | $83,553 | |
$58,387 | -$33,750 | $17,722 | $10,774 | $14,786 | $67,919 | |
$58,375 | -$33,684 | $14,185 | $12,007 | $15,021 | $65,905 | |
Totals: | $583,860 | $56,872 | $171,179 | $61,643 | $111,288 | $984,841 |
* Denotes a property that had no rent for at least part of the period covered. |
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 $10,000 and a Ideal Target Monthly Income in Retirement™ of $15,000 at the time of achieving your
Blueprint™ Menu of Sections
- Introduction
- Accounts
- Properties
- Rules
- Significant Events
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports