The Real Estate Financial Planner Blueprint™
Arden-Arcade, California Nomad™
Purchased Typical Arden-Arcade, California Nomad™ Property 9 Property
Bought in Month 938
We have a Rule that has you buying the Typical Arden-Arcade, California Nomad™ Property 9 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 938 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical Arden-Arcade, California Nomad™ Property 9 Property, we're assuming you're getting a 5% down payment loan. With a $5,020,882.86 purchase price that means you need to have $251,044.14 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($50,208.83) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $251,044.14 |
Rent Ready Costs | $0 |
Closing Costs | $50,208.83 |
Seller Concessions | $0 |
Total Cost To Close: | $301,252.97 |
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 |
---|---|---|---|---|---|---|
$150,998 | $225,460 | $0 | $0 | $6,407 | $382,864 | |
$150,998 | $224,783 | $0 | $0 | $6,401 | $382,182 | |
$150,998 | $226,818 | $0 | $0 | $6,419 | $384,235 | |
$150,998 | $226,138 | $0 | $0 | $6,413 | $383,549 | |
$150,998 | $225,460 | $0 | $0 | $6,407 | $382,864 | |
$150,998 | $223,435 | $0 | $0 | $6,389 | $380,822 | |
$150,998 | $225,460 | $0 | $12,793 | $6,407 | $395,657 | |
$150,998 | -$90,957 | $62,696 | $26,984 | $31,540 | $181,261 | |
$150,967 | $0 | $48,738 | $0 | $33,466 | $233,171 | |
Totals: | $1,358,951 | $1,486,598 | $111,434 | $39,777 | $109,846 | $3,106,606 |
* 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 $10,000 and a Ideal Target Monthly Income in Retirement™ of $15,000 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
- 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
- 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Final Month Summary
Reports