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

Purchased Typical 20% Down Payment Paterson, New Jersey Rental Property 3 Property
Bought in Month 452

We have a Rule that has you buying the Typical 20% Down Payment Paterson, New Jersey Rental Property 3 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 452 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical 20% Down Payment Paterson, New Jersey Rental Property 3 Property, we're assuming you're getting a 20% down payment loan. With a $1,131,036.27 purchase price that means you need to have $226,207.25 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($11,310.36) minus any seller concessions ($0).

Description Amount
Down Payment $226,207.25
Rent Ready Costs $0
Closing Costs $11,310.36
Seller Concessions $0
Total Cost To Close: $237,517.62

The monthly rent on this Property is $7,015.81 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 Paterson, New Jersey Rental Property 1 $34,015 $31,518 $0 $0 $4,159 $69,692
Typical 20% Down Payment Paterson, New Jersey Rental Property 2 $34,015 -$13,350 $17,280 $4,380 $7,781 $50,107
Typical 20% Down Payment Paterson, New Jersey Rental Property 3 $34,008 -$34,939 $8,401 $6,995 $9,475 $23,939
Totals: $102,037 -$16,771 $25,681 $11,375 $21,415 $143,738

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™.

Copy Scenario into my Real Estate Financial Planner™ Software Account

Blueprint™ Menu of Sections

Reports