The Real Estate Financial Planner Blueprint™
29 Fullerton, California Nomad™ Starting with $0
Purchased Fullerton, California Nomad™ Property - $0 Start 7 Property
Bought in Month 863
We have a Rule that has you buying the Fullerton, California Nomad™ Property - $0 Start 7 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 863 after we've adjusted for all the income and expenses for the entire month.
To purchase the Fullerton, California Nomad™ Property - $0 Start 7 Property, we're assuming you're getting a 5% down payment loan. With a $7,512,974.58 purchase price that means you need to have $375,648.73 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($75,129.75) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $375,648.73 |
Rent Ready Costs | $0 |
Closing Costs | $75,129.75 |
Seller Concessions | $0 |
Total Cost To Close: | $450,778.47 |
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 |
---|---|---|---|---|---|---|
$225,945 | $287,528 | $0 | $0 | $8,675 | $522,148 | |
$225,945 | $288,407 | $0 | $0 | $8,683 | $523,035 | |
$225,945 | $280,574 | $0 | $19,143 | $8,613 | $534,275 | |
$225,945 | $2,904 | $170,861 | $24,429 | $31,445 | $455,584 | |
$225,945 | -$87,154 | $125,865 | $31,562 | $38,032 | $334,249 | |
$225,945 | -$168,331 | $97,183 | $39,201 | $45,222 | $239,221 | |
$225,899 | $0 | $72,928 | $0 | $49,686 | $348,514 | |
Totals: | $1,581,570 | $603,927 | $466,837 | $114,335 | $190,356 | $2,957,025 |
* 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 $18,000 and a Ideal Target Monthly Income in Retirement™ of $27,000 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
- 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
- Final Month Summary
Reports