The Real Estate Financial Planner Blueprint™
29 Anaheim, California Nomad™ Starting with $0
Purchased Anaheim, California Nomad™ Property - $0 Start 8 Property
Bought in Month 769
We have a Rule that has you buying the Anaheim, California Nomad™ Property - $0 Start 8 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 769 after we've adjusted for all the income and expenses for the entire month.
To purchase the Anaheim, California Nomad™ Property - $0 Start 8 Property, we're assuming you're getting a 5% down payment loan. With a $5,426,454.44 purchase price that means you need to have $271,322.72 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($54,264.54) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $271,322.72 |
Rent Ready Costs | $0 |
Closing Costs | $54,264.54 |
Seller Concessions | $0 |
Total Cost To Close: | $325,587.27 |
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 |
---|---|---|---|---|---|---|
$163,195 | $228,156 | $0 | $0 | $6,569 | $397,920 | |
$163,195 | $233,713 | $0 | $0 | $6,618 | $403,527 | |
$163,195 | $233,013 | $0 | $13,826 | $6,612 | $416,646 | |
$163,195 | $29,836 | $129,350 | $16,963 | $22,373 | $361,718 | |
$163,195 | -$10,164 | $103,459 | $20,455 | $25,634 | $302,579 | |
$163,195 | -$50,860 | $86,479 | $23,771 | $28,707 | $251,293 | |
$163,195 | -$94,557 | $70,607 | $28,175 | $32,880 | $200,300 | |
$163,162 | $0 | $52,675 | $0 | $35,983 | $251,820 | |
Totals: | $1,305,528 | $569,138 | $442,570 | $103,191 | $165,376 | $2,585,802 |
* 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