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 7 Property
Bought in Month 722

We have a Rule that has you buying the Typical 20% Down Payment Newark, New Jersey Rental Property 7 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 722 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 7 Property, we're assuming you're getting a 20% down payment loan. With a $2,182,263.13 purchase price that means you need to have $436,452.63 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($21,822.63) minus any seller concessions ($0).

Description Amount
Down Payment $436,452.63
Rent Ready Costs $0
Closing Costs $21,822.63
Seller Concessions $0
Total Cost To Close: $458,275.26

The monthly rent on this Property is $13,320.69 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 Newark, New Jersey Rental Property 1 $65,629 $78,819 $0 $0 $6,099 $150,547
Typical 20% Down Payment Newark, New Jersey Rental Property 2 $65,629 $80,548 $0 $0 $6,114 $152,291
Typical 20% Down Payment Newark, New Jersey Rental Property 3 $65,629 $78,819 $0 $0 $6,099 $150,547
Typical 20% Down Payment Newark, New Jersey Rental Property 4 $65,629 $8,196 $44,484 $6,838 $11,749 $136,897
Typical 20% Down Payment Newark, New Jersey Rental Property 5 $65,629 -$12,740 $30,455 $9,033 $13,577 $105,954
Typical 20% Down Payment Newark, New Jersey Rental Property 6 $65,629 -$30,916 $24,003 $10,760 $15,000 $84,476
Typical 20% Down Payment Newark, New Jersey Rental Property 7 $65,616 -$48,946 $16,209 $13,496 $16,320 $62,695
Totals: $459,392 $153,779 $115,150 $40,127 $74,957 $843,406

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  Goal of financial independence, let's look at the Phases of Financial Independence™.

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