The Real Estate Financial Planner Blueprint™
29 Hayward, California Nomad™ Starting with $0
Purchased Hayward, California Nomad™ Property - $0 Start 9 Property
Bought in Month 902
We have a Rule that has you buying the Hayward, 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 902 after we've adjusted for all the income and expenses for the entire month.
To purchase the Hayward, California Nomad™ Property - $0 Start 9 Property, we're assuming you're getting a 5% down payment loan. With a $8,022,723.49 purchase price that means you need to have $401,136.17 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($80,227.23) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $401,136.17 |
Rent Ready Costs | $0 |
Closing Costs | $80,227.23 |
Seller Concessions | $0 |
Total Cost To Close: | $481,363.41 |
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 |
---|---|---|---|---|---|---|
$241,275 | $323,164 | $0 | $0 | $10,021 | $574,460 | |
$241,275 | $321,180 | $0 | $0 | $10,004 | $572,459 | |
$241,275 | $314,315 | $0 | $0 | $9,943 | $565,533 | |
$241,275 | $314,315 | $0 | $20,441 | $9,943 | $585,974 | |
$241,275 | $12,415 | $177,691 | $26,671 | $34,881 | $492,934 | |
$241,275 | -$52,054 | $145,077 | $31,613 | $39,426 | $405,337 | |
$241,275 | -$124,061 | $115,697 | $38,215 | $45,623 | $316,750 | |
$241,275 | -$193,018 | $99,010 | $43,544 | $50,529 | $241,341 | |
$241,227 | $0 | $77,877 | $0 | $53,578 | $372,681 | |
Totals: | $2,171,429 | $916,257 | $615,352 | $160,484 | $263,948 | $4,127,469 |
* 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
- 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
- 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