The Real Estate Financial Planner Blueprint™
29 Arden-Arcade, California Nomad™ Starting with $0
Purchased Arden-Arcade, California Nomad™ Property - $0 Start 6 Property
Bought in Month 552
We have a Rule that has you buying the Arden-Arcade, 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 552 after we've adjusted for all the income and expenses for the entire month.
To purchase the Arden-Arcade, California Nomad™ Property - $0 Start 6 Property, we're assuming you're getting a 5% down payment loan. With a $1,940,212.78 purchase price that means you need to have $97,010.64 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($19,402.13) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $97,010.64 |
Rent Ready Costs | $0 |
Closing Costs | $19,402.13 |
Seller Concessions | $0 |
Total Cost To Close: | $116,412.77 |
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 |
---|---|---|---|---|---|---|
$58,350 | $88,978 | $0 | $0 | $2,492 | $149,820 | |
$58,350 | $88,446 | $0 | $4,944 | $2,488 | $154,227 | |
$58,350 | $9,375 | $40,282 | $6,809 | $8,837 | $123,654 | |
$58,350 | -$15,589 | $29,241 | $8,907 | $10,787 | $91,695 | |
$58,350 | -$30,730 | $24,659 | $10,274 | $12,069 | $74,622 | |
$58,338 | $0 | $18,834 | $0 | $12,939 | $90,110 | |
Totals: | $350,088 | $140,480 | $113,016 | $30,934 | $49,611 | $684,128 |
* 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