The Real Estate Financial Planner Blueprint™
01 Nomad™ Earn 10% More Income from Job
Purchased Typical Arden-Arcade, California Nomad™ Property 9 Property
Bought in Month 554
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 554 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 $1,949,794.76 purchase price that means you need to have $97,489.74 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($19,497.95) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $97,489.74 |
Rent Ready Costs | $0 |
Closing Costs | $19,497.95 |
Seller Concessions | $0 |
Total Cost To Close: | $116,987.69 |
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 |
---|---|---|---|---|---|---|
$58,638 | $88,347 | $0 | $0 | $2,495 | $149,480 | |
$58,638 | $86,768 | $0 | $0 | $2,481 | $147,887 | |
$58,638 | $89,412 | $0 | $4,968 | $2,504 | $155,522 | |
$58,638 | $15,119 | $44,999 | $6,262 | $8,330 | $133,348 | |
$58,638 | -$290 | $35,675 | $7,608 | $9,586 | $111,217 | |
$58,638 | -$11,395 | $30,891 | $8,583 | $10,498 | $97,216 | |
$58,638 | -$26,068 | $26,748 | $9,685 | $11,508 | $80,511 | |
$58,638 | -$56,212 | $22,890 | $11,035 | $13,919 | $50,271 | |
$58,626 | $0 | $18,927 | $0 | $12,996 | $90,549 | |
Totals: | $527,731 | $185,681 | $180,130 | $48,141 | $74,317 | $1,016,000 |
* 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 $11,000 and a Ideal Target Monthly Income in Retirement™ of $17,000 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
- 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
- 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
- Final Month Summary
Reports