The Real Estate Financial Planner Blueprint™
29 Tempe, Arizona Nomad™ Starting with $0
Purchased Tempe, Arizona Nomad™ Property - $0 Start 10 Property
Bought in Month 722
We have a Rule that has you buying the Tempe, Arizona Nomad™ Property - $0 Start 10 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 722 after we've adjusted for all the income and expenses for the entire month.
To purchase the Tempe, Arizona Nomad™ Property - $0 Start 10 Property, we're assuming you're getting a 5% down payment loan. With a $2,537,735.58 purchase price that means you need to have $126,886.78 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($25,377.36) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $126,886.78 |
Rent Ready Costs | $0 |
Closing Costs | $25,377.36 |
Seller Concessions | $0 |
Total Cost To Close: | $152,264.13 |
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 |
---|---|---|---|---|---|---|
$76,320 | $131,876 | $0 | $0 | $3,662 | $211,858 | |
$76,320 | $131,483 | $0 | $0 | $3,658 | $211,461 | |
$76,320 | $131,483 | $0 | $0 | $3,658 | $211,461 | |
$76,320 | $131,483 | $0 | $0 | $3,658 | $211,461 | |
$76,320 | $131,483 | $0 | $6,466 | $3,658 | $217,927 | |
$76,320 | $46,523 | $64,722 | $7,496 | $10,666 | $205,727 | |
$76,320 | $38,205 | $57,207 | $8,313 | $11,439 | $191,483 | |
$76,320 | $27,969 | $52,843 | $8,885 | $11,940 | $177,956 | |
$76,320 | $17,531 | $47,121 | $9,780 | $12,775 | $163,527 | |
$76,304 | $0 | $24,634 | $0 | $17,153 | $118,091 | |
Totals: | $763,183 | $788,036 | $246,526 | $40,940 | $82,268 | $1,920,952 |
* 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 $9,000 and a Ideal Target Monthly Income in Retirement™ of $14,000 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
- 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
- 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
- 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
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports