The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Elizabeth, New Jersey Rental Property 6 Property
Bought in Month 576
We have a Rule that has you buying the Typical 25% Down Payment Elizabeth, New Jersey 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 576 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 6 Property, we're assuming you're getting a 25% down payment loan. With a $1,586,372.32 purchase price that means you need to have $396,593.08 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($15,863.72) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $396,593.08 |
Rent Ready Costs | $0 |
Closing Costs | $15,863.72 |
Seller Concessions | $0 |
Total Cost To Close: | $412,456.80 |
The monthly rent on this Property is $10,604.07 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$47,709 | $57,443 | $0 | $0 | $5,451 | $110,603 | |
$47,709 | $58,282 | $0 | $0 | $5,459 | $111,449 | |
$47,709 | $5,487 | $27,686 | $5,300 | $9,436 | $95,617 | |
$47,709 | -$9,533 | $19,587 | $6,949 | $10,687 | $75,398 | |
$47,709 | -$22,425 | $15,715 | $8,257 | $11,669 | $60,925 | |
$47,699 | -$26,830 | $11,591 | $9,811 | $12,268 | $54,538 | |
Totals: | $286,242 | $62,424 | $74,579 | $30,317 | $54,970 | $508,531 |
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
- 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
- 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports