The Real Estate Financial Planner Blueprint™
01 Nomad™ Earn 10% More Income from Job
Purchased Typical Arden-Arcade, California Nomad™ Property 10 Property
Bought in Month 776
We have a Rule that has you buying the Typical Arden-Arcade, California Nomad™ Property 10 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 776 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical Arden-Arcade, California Nomad™ Property 10 Property, we're assuming you're getting a 5% down payment loan. With a $3,368,818.05 purchase price that means you need to have $168,440.90 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($33,688.18) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $168,440.90 |
Rent Ready Costs | $0 |
Closing Costs | $33,688.18 |
Seller Concessions | $0 |
Total Cost To Close: | $202,129.08 |
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 |
---|---|---|---|---|---|---|
$101,314 | $152,660 | $0 | $0 | $4,311 | $258,285 | |
$101,314 | $149,933 | $0 | $0 | $4,287 | $255,534 | |
$101,314 | $154,501 | $0 | $0 | $4,328 | $260,142 | |
$101,314 | $152,203 | $0 | $0 | $4,307 | $257,824 | |
$101,314 | $152,660 | $0 | $0 | $4,311 | $258,285 | |
$101,314 | $153,119 | $0 | $8,583 | $4,315 | $267,331 | |
$101,314 | $37,097 | $88,741 | $9,685 | $13,314 | $250,150 | |
$101,314 | $21,361 | $75,941 | $11,035 | $14,573 | $224,224 | |
$101,314 | $12,166 | $68,317 | $12,059 | $15,551 | $209,407 | |
$101,293 | $0 | $32,701 | $0 | $22,474 | $156,469 | |
Totals: | $1,013,117 | $985,699 | $265,701 | $41,362 | $91,771 | $2,397,649 |
* 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