The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Newark, New Jersey Rental Property 5 Property
Bought in Month 559
We have a Rule that has you buying the Typical 20% Down Payment Newark, New Jersey Rental Property 5 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 559 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Newark, New Jersey Rental Property 5 Property, we're assuming you're getting a 20% down payment loan. With a $1,460,611.83 purchase price that means you need to have $292,122.37 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($14,606.12) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $292,122.37 |
Rent Ready Costs | $0 |
Closing Costs | $14,606.12 |
Seller Concessions | $0 |
Total Cost To Close: | $306,728.48 |
The monthly rent on this Property is $8,915.68 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$43,926 | $52,760 | $0 | $0 | $4,082 | $100,768 | |
$43,926 | $53,917 | $0 | $0 | $4,093 | $101,936 | |
$43,926 | -$4,663 | $22,845 | $5,560 | $8,676 | $76,345 | |
$43,926 | -$17,862 | $17,237 | $6,838 | $9,732 | $59,872 | |
$43,918 | -$31,887 | $10,849 | $9,033 | $10,957 | $42,869 | |
Totals: | $219,623 | $52,265 | $50,931 | $21,432 | $37,540 | $381,791 |
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 $9,000 and a Ideal Target Monthly Income in Retirement™ of $14,000 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
- 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
- Achieved Financial Independence Goal
- 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