The Real Estate Financial Planner Blueprint™
29 Anaheim, California Nomad™ Starting with $0
Purchased Anaheim, California Nomad™ Property - $0 Start 6 Property
Bought in Month 629
We have a Rule that has you buying the Anaheim, California Nomad™ Property - $0 Start 6 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 629 after we've adjusted for all the income and expenses for the entire month.
To purchase the Anaheim, California Nomad™ Property - $0 Start 6 Property, we're assuming you're getting a 5% down payment loan. With a $3,843,691.64 purchase price that means you need to have $192,184.58 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($38,436.92) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $192,184.58 |
Rent Ready Costs | $0 |
Closing Costs | $38,436.92 |
Seller Concessions | $0 |
Total Cost To Close: | $230,621.50 |
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 |
---|---|---|---|---|---|---|
$115,595 | $161,617 | $0 | $0 | $4,653 | $281,865 | |
$115,595 | $165,553 | $0 | $9,793 | $4,688 | $295,630 | |
$115,595 | $3,967 | $77,491 | $13,826 | $17,571 | $228,450 | |
$115,595 | -$36,503 | $60,718 | $16,963 | $20,459 | $177,232 | |
$115,595 | -$76,704 | $48,564 | $20,455 | $23,719 | $131,629 | |
$115,572 | $0 | $37,311 | $0 | $25,497 | $178,380 | |
Totals: | $693,547 | $217,930 | $224,084 | $61,037 | $96,587 | $1,293,185 |
* 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 $17,000 and a Ideal Target Monthly Income in Retirement™ of $26,000 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
- 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
- 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- 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
- Final Month Summary
Reports