The Real Estate Financial Planner Blueprint™
29 Carlsbad, California Nomad™ Starting with $0
Purchased Carlsbad, California Nomad™ Property - $0 Start 10 Property
Bought in Month 1171
We have a Rule that has you buying the Carlsbad, California Nomad™ Property - $0 Start 10 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 1171 after we've adjusted for all the income and expenses for the entire month.
To purchase the Carlsbad, California Nomad™ Property - $0 Start 10 Property, we're assuming you're getting a 5% down payment loan. With a $21,502,655.46 purchase price that means you need to have $1,075,132.77 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($215,026.55) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $1,075,132.77 |
Rent Ready Costs | $0 |
Closing Costs | $215,026.55 |
Seller Concessions | $0 |
Total Cost To Close: | $1,290,159.33 |
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 |
---|---|---|---|---|---|---|
$646,671 | $905,256 | $0 | $0 | $27,516 | $1,579,442 | |
$646,671 | $905,256 | $0 | $0 | $27,516 | $1,579,442 | |
$646,671 | $880,606 | $0 | $0 | $27,297 | $1,554,573 | |
$646,671 | $888,762 | $0 | $0 | $27,369 | $1,562,802 | |
$646,671 | $880,606 | $0 | $0 | $27,297 | $1,554,573 | |
$646,671 | $894,233 | $0 | $0 | $27,418 | $1,568,321 | |
$646,671 | $905,256 | $0 | $54,787 | $27,516 | $1,634,230 | |
$646,671 | $133,281 | $541,992 | $64,142 | $87,083 | $1,473,169 | |
$646,671 | $46,874 | $466,553 | $72,728 | $95,207 | $1,328,032 | |
$646,540 | $0 | $208,726 | $0 | $144,003 | $999,269 | |
Totals: | $6,466,575 | $6,440,127 | $1,217,271 | $191,658 | $518,221 | $14,833,853 |
* 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