The Real Estate Financial Planner Blueprint™
Hoboken, New Jersey 20% DP

Purchased Hoboken, New Jersey Average Property 1 Property
Bought in Month 60

We have a Rule that has you buying the Hoboken, New Jersey Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $13,386 (which we adjust for inflation to be worth $13,889.84 in Month 60). The following is a chart showing the balance of Starting with $100K, Earning 7%/year Account from the start of the Scenario to Month 60 after we've adjusted for all the income and expenses for the entire month.

To purchase the Hoboken, New Jersey Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $769,256.81 purchase price that means you need to have $153,851.36 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($7,692.57) minus any seller concessions ($0).

Description Amount
Down Payment $153,851.36
Rent Ready Costs $0
Closing Costs $7,692.57
Seller Concessions $0
Total Cost To Close: $161,543.93

The monthly rent on this Property is $2,732.72 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Hoboken, New Jersey Average Property 1 $16,442 -$20,120 $9,704 $4,281 $4,138 $14,445
Totals: $16,442 -$20,120 $9,704 $4,281 $4,138 $14,445

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 $5,000 and a Ideal Target Monthly Income in Retirement™ of $20,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

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