The Real Estate Financial Planner Blueprint™
29 Surprise, Arizona Nomad™ Starting with $0
Purchased Surprise, Arizona Nomad™ Property - $0 Start 9 Property
Bought in Month 811
We have a Rule that has you buying the Surprise, Arizona Nomad™ Property - $0 Start 9 Property even if your Account balance in the All-In-One Account Earning 7%/year, Start with $0 Account has zero dollars. The following is a chart showing the balance of All-In-One Account Earning 7%/year, Start with $0 Account from the start of the Scenario to Month 811 after we've adjusted for all the income and expenses for the entire month.
To purchase the Surprise, Arizona Nomad™ Property - $0 Start 9 Property, we're assuming you're getting a 5% down payment loan. With a $2,948,644.27 purchase price that means you need to have $147,432.21 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($29,486.44) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $147,432.21 |
Rent Ready Costs | $0 |
Closing Costs | $29,486.44 |
Seller Concessions | $0 |
Total Cost To Close: | $176,918.66 |
Since this is a Nomad™ Property, you are buying it, moving in and living there for at least a year before renting it.
You are moving into this property, so you are not collecting any rent on this property yet.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$88,678 | $156,133 | $0 | $0 | $4,207 | $249,018 | |
$88,678 | $152,015 | $0 | $0 | $4,171 | $244,863 | |
$88,678 | $152,015 | $0 | $0 | $4,171 | $244,863 | |
$88,678 | $152,922 | $0 | $0 | $4,179 | $245,778 | |
$88,678 | $153,377 | $0 | $0 | $4,183 | $246,238 | |
$88,678 | $153,834 | $0 | $7,513 | $4,187 | $254,211 | |
$88,678 | $54,159 | $77,673 | $8,477 | $12,080 | $241,066 | |
$88,678 | -$34,932 | $35,964 | $16,162 | $19,248 | $125,120 | |
$88,660 | $0 | $28,623 | $0 | $19,883 | $137,165 | |
Totals: | $798,080 | $939,522 | $142,260 | $32,152 | $76,308 | $1,988,322 |
* Denotes a property that had no rent for at least part of the period covered. |
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 $8,000 and a Ideal Target Monthly Income in Retirement™ of $12,000 at the time of achieving your
Blueprint™ Menu of Sections
- Introduction
- Accounts
- Properties
- Rules
- Significant Events
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports