The Real Estate Financial Planner Blueprint™
29 Fremont, California Nomad™ Starting with $0
Purchased Fremont, California Nomad™ Property - $0 Start 8 Property
Bought in Month 1069
We have a Rule that has you buying the Fremont, 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 1069 after we've adjusted for all the income and expenses for the entire month.
To purchase the Fremont, California Nomad™ Property - $0 Start 8 Property, we're assuming you're getting a 5% down payment loan. With a $15,411,335.73 purchase price that means you need to have $770,566.79 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($154,113.36) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $770,566.79 |
Rent Ready Costs | $0 |
Closing Costs | $154,113.36 |
Seller Concessions | $0 |
Total Cost To Close: | $924,680.14 |
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 |
---|---|---|---|---|---|---|
$463,480 | $543,600 | $0 | $0 | $18,126 | $1,025,206 | |
$463,480 | $545,310 | $0 | $0 | $18,141 | $1,026,931 | |
$463,480 | $548,742 | $0 | $0 | $18,171 | $1,030,393 | |
$463,480 | $543,600 | $0 | $39,267 | $18,126 | $1,064,473 | |
$463,480 | -$80,242 | $332,427 | $52,383 | $66,831 | $834,880 | |
$463,480 | -$227,970 | $256,674 | $65,063 | $78,649 | $635,896 | |
$463,480 | -$356,404 | $207,724 | $77,688 | $90,583 | $483,072 | |
$463,387 | $0 | $149,598 | $0 | $102,552 | $715,536 | |
Totals: | $3,707,749 | $1,516,637 | $946,423 | $234,401 | $411,179 | $6,816,388 |
* 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 $23,000 and a Ideal Target Monthly Income in Retirement™ of $35,000 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
- 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
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports