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 7 Property
Bought in Month 986

We have a Rule that has you buying the Typical 20% Down Payment Paterson, 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 986 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 7 Property, we're assuming you're getting a 20% down payment loan. With a $4,214,373.60 purchase price that means you need to have $842,874.72 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($42,143.74) minus any seller concessions ($0).

Description Amount
Down Payment $842,874.72
Rent Ready Costs $0
Closing Costs $42,143.74
Seller Concessions $0
Total Cost To Close: $885,018.46

The monthly rent on this Property is $26,141.72 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 $126,743 $115,369 $0 $0 $15,476 $257,588
Typical 20% Down Payment Paterson, New Jersey Rental Property 2 $126,743 $111,292 $0 $0 $15,440 $253,474
Typical 20% Down Payment Paterson, New Jersey Rental Property 3 $126,743 $115,369 $0 $0 $15,476 $257,588
Typical 20% Down Payment Paterson, New Jersey Rental Property 4 $126,743 $111,292 $0 $0 $15,440 $253,474
Typical 20% Down Payment Paterson, New Jersey Rental Property 5 $126,743 -$46,816 $70,252 $15,310 $28,088 $193,577
Typical 20% Down Payment Paterson, New Jersey Rental Property 6 $126,743 -$101,192 $46,980 $20,575 $32,439 $125,544
Typical 20% Down Payment Paterson, New Jersey Rental Property 7 $126,717 -$135,446 $31,302 $26,064 $35,179 $83,816
Totals: $887,176 $169,867 $148,534 $61,948 $157,538 $1,425,063

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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