The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)

Purchased Typical 20% Down Payment Joliet, Illinois Rental Property 6 Property
Bought in Month 455

We have a Rule that has you buying the Typical 20% Down Payment Joliet, Illinois 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 455 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical 20% Down Payment Joliet, Illinois Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $549,095.02 purchase price that means you need to have $109,819 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($5,490.95) minus any seller concessions ($0).

Description Amount
Down Payment $109,819
Rent Ready Costs $0
Closing Costs $5,490.95
Seller Concessions $0
Total Cost To Close: $115,309.95

The monthly rent on this Property is $3,999.76 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 Joliet, Illinois Rental Property 1 $16,513 $22,729 $0 $0 $1,906 $41,149
Typical 20% Down Payment Joliet, Illinois Rental Property 2 $16,513 $22,729 $0 $0 $1,906 $41,149
Typical 20% Down Payment Joliet, Illinois Rental Property 3 $16,513 $3,312 $9,921 $1,880 $3,460 $35,086
Typical 20% Down Payment Joliet, Illinois Rental Property 4 $16,513 -$1,868 $7,190 $2,382 $3,874 $28,091
Typical 20% Down Payment Joliet, Illinois Rental Property 5 $16,513 -$7,465 $5,389 $2,944 $4,340 $21,721
Typical 20% Down Payment Joliet, Illinois Rental Property 6 $16,510 -$9,418 $4,078 $3,396 $4,478 $19,044
Totals: $99,078 $30,019 $26,577 $10,602 $19,964 $186,240

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 $8,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

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