The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)

Purchased Typical 25% Down Payment Paterson, New Jersey Rental Property 6 Property
Bought in Month 782

We have a Rule that has you buying the Typical 25% Down Payment Paterson, New Jersey Rental Property 6 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 782 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 6 Property, we're assuming you're getting a 25% down payment loan. With a $2,549,765.34 purchase price that means you need to have $637,441.34 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($25,497.65) minus any seller concessions ($0).

Description Amount
Down Payment $637,441.34
Rent Ready Costs $0
Closing Costs $25,497.65
Seller Concessions $0
Total Cost To Close: $662,938.99

The monthly rent on this Property is $15,816.17 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Typical 25% Down Payment Paterson, New Jersey Rental Property 1 $76,682 $69,387 $0 $0 $9,360 $155,428
Typical 25% Down Payment Paterson, New Jersey Rental Property 2 $76,682 $67,742 $0 $0 $9,345 $153,769
Typical 25% Down Payment Paterson, New Jersey Rental Property 3 $76,682 $67,333 $0 $0 $9,341 $153,356
Typical 25% Down Payment Paterson, New Jersey Rental Property 4 $76,682 -$15,075 $43,121 $8,731 $15,934 $129,392
Typical 25% Down Payment Paterson, New Jersey Rental Property 5 $76,682 -$36,147 $31,284 $11,225 $17,839 $100,883
Typical 25% Down Payment Paterson, New Jersey Rental Property 6 $76,666 -$69,103 $18,629 $15,769 $20,256 $62,218
Totals: $460,074 $84,136 $93,035 $35,725 $82,075 $755,045

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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