The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Paterson, New Jersey Rental Property 4 Property
Bought in Month 626
We have a Rule that has you buying the Typical 20% Down Payment Paterson, New Jersey Rental Property 4 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 626 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Paterson, New Jersey Rental Property 4 Property, we're assuming you're getting a 20% down payment loan. With a $1,736,266.12 purchase price that means you need to have $347,253.22 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($17,362.66) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $347,253.22 |
Rent Ready Costs | $0 |
Closing Costs | $17,362.66 |
Seller Concessions | $0 |
Total Cost To Close: | $364,615.89 |
The monthly rent on this Property is $10,770.04 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$52,216 | $47,531 | $0 | $0 | $6,376 | $106,123 | |
$52,216 | $45,851 | $0 | $0 | $6,361 | $104,428 | |
$52,216 | -$24,708 | $25,141 | $6,995 | $12,155 | $71,800 | |
$52,206 | -$55,802 | $12,896 | $10,738 | $14,493 | $34,531 | |
Totals: | $208,855 | $12,872 | $38,037 | $17,733 | $39,385 | $316,882 |
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
- 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
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Final Month Summary
Reports