The Real Estate Financial Planner Blueprint™
29 Concord, California Nomad™ Starting with $0
Purchased Concord, California Nomad™ Property - $0 Start 9 Property
Bought in Month 1099
We have a Rule that has you buying the Concord, California Nomad™ Property - $0 Start 9 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 1099 after we've adjusted for all the income and expenses for the entire month.
To purchase the Concord, California Nomad™ Property - $0 Start 9 Property, we're assuming you're getting a 5% down payment loan. With a $10,367,494.59 purchase price that means you need to have $518,374.73 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($103,674.95) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $518,374.73 |
Rent Ready Costs | $0 |
Closing Costs | $103,674.95 |
Seller Concessions | $0 |
Total Cost To Close: | $622,049.68 |
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 |
---|---|---|---|---|---|---|
$311,792 | $420,576 | $0 | $0 | $12,571 | $744,939 | |
$311,792 | $412,948 | $0 | $0 | $12,503 | $737,243 | |
$311,792 | $410,430 | $0 | $0 | $12,481 | $734,703 | |
$311,792 | $410,430 | $0 | $0 | $12,481 | $734,703 | |
$311,792 | $424,433 | $0 | $0 | $12,605 | $748,830 | |
$311,792 | $416,748 | $0 | $0 | $12,537 | $741,077 | |
$311,792 | $423,144 | $0 | $26,416 | $12,594 | $773,946 | |
$311,792 | $66,058 | $269,907 | $30,099 | $40,592 | $718,448 | |
$311,729 | $0 | $100,637 | $0 | $68,928 | $481,294 | |
$311,792 | $420,576 | $0 | $0 | $12,571 | $744,939 | |
$311,792 | $412,948 | $0 | $0 | $12,503 | $737,243 | |
$311,792 | $410,430 | $0 | $0 | $12,481 | $734,703 | |
$311,792 | $410,430 | $0 | $0 | $12,481 | $734,703 | |
$311,792 | $424,433 | $0 | $0 | $12,605 | $748,830 | |
$311,792 | $416,748 | $0 | $0 | $12,537 | $741,077 | |
$311,792 | $423,144 | $0 | $26,416 | $12,594 | $773,946 | |
$311,792 | $66,058 | $269,907 | $30,099 | $40,592 | $718,448 | |
$311,729 | $0 | $100,637 | $0 | $68,928 | $481,294 | |
Totals: | $5,612,128 | $5,969,535 | $741,088 | $113,030 | $394,588 | $12,830,370 |
* 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 $14,000 and a Ideal Target Monthly Income in Retirement™ of $21,000 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- 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
- 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
- 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
- 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
- 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- 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
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Achieved 2 X Ideal Financial Independence Goal
- 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
- Final Month Summary
Reports