The Real Estate Financial Planner Blueprint™
29 Carlsbad, California Nomad™ Starting with $0
Purchased Carlsbad, California Nomad™ Property - $0 Start 8 Property
Bought in Month 875
We have a Rule that has you buying the Carlsbad, 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 875 after we've adjusted for all the income and expenses for the entire month.
To purchase the Carlsbad, California Nomad™ Property - $0 Start 8 Property, we're assuming you're getting a 5% down payment loan. With a $10,371,475.69 purchase price that means you need to have $518,573.78 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($103,714.76) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $518,573.78 |
Rent Ready Costs | $0 |
Closing Costs | $103,714.76 |
Seller Concessions | $0 |
Total Cost To Close: | $622,288.54 |
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 |
---|---|---|---|---|---|---|
$311,912 | $436,625 | $0 | $0 | $13,272 | $761,809 | |
$311,912 | $436,625 | $0 | $0 | $13,272 | $761,809 | |
$311,912 | $424,736 | $0 | $26,426 | $13,166 | $776,239 | |
$311,912 | $69,096 | $262,191 | $30,862 | $41,967 | $716,027 | |
$311,912 | -$34,140 | $196,003 | $39,385 | $49,876 | $563,036 | |
$311,912 | -$96,737 | $165,773 | $45,322 | $55,468 | $481,737 | |
$311,912 | -$201,703 | $132,202 | $54,787 | $64,338 | $361,536 | |
$311,849 | $0 | $100,676 | $0 | $69,443 | $481,968 | |
Totals: | $2,495,230 | $1,034,503 | $856,844 | $196,782 | $320,801 | $4,904,160 |
* 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 $25,000 and a Ideal Target Monthly Income in Retirement™ of $38,000 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
- Paid Off Mortgage
- 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
- Final Month Summary
Reports