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

Purchased Typical 20% Down Payment Elizabeth, New Jersey Rental Property 5 Property
Bought in Month 575

We have a Rule that has you buying the Typical 20% Down Payment Elizabeth, New Jersey Rental Property 5 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 575 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical 20% Down Payment Elizabeth, New Jersey Rental Property 5 Property, we're assuming you're getting a 20% down payment loan. With a $1,582,469.52 purchase price that means you need to have $316,493.90 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($15,824.70) minus any seller concessions ($0).

Description Amount
Down Payment $316,493.90
Rent Ready Costs $0
Closing Costs $15,824.70
Seller Concessions $0
Total Cost To Close: $332,318.60

The monthly rent on this Property is $10,577.98 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 Elizabeth, New Jersey Rental Property 1 $47,591 $58,135 $0 $0 $5,445 $111,171
Typical 20% Down Payment Elizabeth, New Jersey Rental Property 2 $47,591 $55,371 $0 $0 $5,421 $108,383
Typical 20% Down Payment Elizabeth, New Jersey Rental Property 3 $47,591 -$6,901 $23,855 $6,190 $10,549 $81,284
Typical 20% Down Payment Elizabeth, New Jersey Rental Property 4 $47,591 -$24,415 $17,641 $7,726 $11,803 $60,346
Typical 20% Down Payment Elizabeth, New Jersey Rental Property 5 $47,582 -$37,277 $11,754 $9,787 $12,832 $44,677
Totals: $237,946 $44,913 $53,249 $23,702 $46,050 $405,860

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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