The Real Estate Financial Planner Blueprint™
04 1 5% Down Primary Then 9 25% Down Rental Properties
Purchased Typical 25% Down Payment Paterson, New Jersey Rental Property 8 Property
Bought in Month 820
We have a Rule that has you buying the Typical 25% Down Payment Paterson, New Jersey Rental Property 8 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 820 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Paterson, New Jersey Rental Property 8 Property, we're assuming you're getting a 25% down payment loan. With a $2,799,957.41 purchase price that means you need to have $699,989.35 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($27,999.57) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $699,989.35 |
Rent Ready Costs | $0 |
Closing Costs | $27,999.57 |
Seller Concessions | $0 |
Total Cost To Close: | $727,988.93 |
The monthly rent on this Property is $17,368.11 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$84,206 | $0 | $0 | $0 | $8,641 | $92,847 | |
$84,206 | $78,483 | $0 | $0 | $10,299 | $172,987 | |
$84,206 | $74,843 | $0 | $0 | $10,267 | $169,316 | |
$84,206 | $74,843 | $0 | $0 | $10,267 | $169,316 | |
$84,206 | -$5,560 | $55,071 | $8,518 | $16,699 | $158,934 | |
$84,206 | -$16,582 | $44,465 | $10,072 | $17,904 | $140,064 | |
$84,206 | -$41,780 | $32,771 | $12,790 | $19,961 | $107,947 | |
$84,206 | -$61,469 | $27,477 | $14,682 | $21,373 | $86,269 | |
$84,189 | -$75,423 | $20,457 | $17,316 | $22,288 | $68,828 | |
Totals: | $757,836 | $27,355 | $180,241 | $63,379 | $137,698 | $1,166,508 |
* Denotes a property that had no rent for at least part of the period covered. |
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
- 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
- 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
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports