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
Typical 20% Down Payment Paterson, New Jersey Rental Property 1 $52,216 $47,531 $0 $0 $6,376 $106,123
Typical 20% Down Payment Paterson, New Jersey Rental Property 2 $52,216 $45,851 $0 $0 $6,361 $104,428
Typical 20% Down Payment Paterson, New Jersey Rental Property 3 $52,216 -$24,708 $25,141 $6,995 $12,155 $71,800
Typical 20% Down Payment Paterson, New Jersey Rental Property 4 $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  Goal of financial independence, let's look at the Phases of Financial Independence™.

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