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 7 Property
Bought in Month 749

We have a Rule that has you buying the Typical 20% Down Payment Elizabeth, New Jersey Rental Property 7 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 749 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 7 Property, we're assuming you're getting a 20% down payment loan. With a $2,429,266.23 purchase price that means you need to have $485,853.25 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($24,292.66) minus any seller concessions ($0).

Description Amount
Down Payment $485,853.25
Rent Ready Costs $0
Closing Costs $24,292.66
Seller Concessions $0
Total Cost To Close: $510,145.91

The monthly rent on this Property is $16,238.37 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 $73,058 $89,253 $0 $0 $8,360 $170,670
Typical 20% Down Payment Elizabeth, New Jersey Rental Property 2 $73,058 $85,010 $0 $0 $8,322 $166,390
Typical 20% Down Payment Elizabeth, New Jersey Rental Property 3 $73,058 $87,543 $0 $0 $8,345 $168,946
Typical 20% Down Payment Elizabeth, New Jersey Rental Property 4 $73,058 $5,224 $48,533 $7,726 $14,705 $149,246
Typical 20% Down Payment Elizabeth, New Jersey Rental Property 5 $73,058 -$16,061 $35,176 $9,787 $16,408 $118,367
Typical 20% Down Payment Elizabeth, New Jersey Rental Property 6 $73,058 -$46,864 $24,489 $12,770 $18,872 $82,324
Typical 20% Down Payment Elizabeth, New Jersey Rental Property 7 $73,043 -$55,306 $18,043 $15,024 $19,773 $70,576
Totals: $511,389 $148,799 $126,241 $45,306 $94,783 $926,518

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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