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

Purchased Typical 20% Down Payment Newark, New Jersey Rental Property 7 Property
Bought in Month 719

We have a Rule that has you buying the Typical 20% Down Payment Newark, 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 719 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical 20% Down Payment Newark, New Jersey Rental Property 7 Property, we're assuming you're getting a 20% down payment loan. With a $2,166,196.30 purchase price that means you need to have $433,239.26 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($21,661.96) minus any seller concessions ($0).

Description Amount
Down Payment $433,239.26
Rent Ready Costs $0
Closing Costs $21,661.96
Seller Concessions $0
Total Cost To Close: $454,901.22

The monthly rent on this Property is $13,222.62 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 Newark, New Jersey Rental Property 1 $65,146 $79,266 $0 $0 $6,063 $150,475
Typical 20% Down Payment Newark, New Jersey Rental Property 2 $65,146 $79,610 $0 $0 $6,066 $150,822
Typical 20% Down Payment Newark, New Jersey Rental Property 3 $65,146 $78,238 $0 $0 $6,054 $149,438
Typical 20% Down Payment Newark, New Jersey Rental Property 4 $65,146 $8,643 $43,715 $6,838 $11,713 $136,056
Typical 20% Down Payment Newark, New Jersey Rental Property 5 $65,146 -$13,113 $30,638 $8,879 $13,392 $104,942
Typical 20% Down Payment Newark, New Jersey Rental Property 6 $65,146 -$30,979 $24,148 $10,576 $14,791 $83,682
Typical 20% Down Payment Newark, New Jersey Rental Property 7 $65,133 -$48,585 $16,089 $13,397 $16,200 $62,233
Totals: $456,010 $153,080 $114,590 $39,690 $74,279 $837,648

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 $9,000 and a Ideal Target Monthly Income in Retirement™ of $14,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

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