The Real Estate Financial Planner Blueprint™
29 Hayward, California Nomad™ Starting with $0
Purchased Hayward, California Nomad™ Property - $0 Start 10 Property
Bought in Month 1156
We have a Rule that has you buying the Hayward, 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 1156 after we've adjusted for all the income and expenses for the entire month.
To purchase the Hayward, California Nomad™ Property - $0 Start 10 Property, we're assuming you're getting a 5% down payment loan. With a $14,998,336.05 purchase price that means you need to have $749,916.80 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($149,983.36) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $749,916.80 |
Rent Ready Costs | $0 |
Closing Costs | $149,983.36 |
Seller Concessions | $0 |
Total Cost To Close: | $899,900.16 |
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 |
---|---|---|---|---|---|---|
$451,060 | $604,185 | $0 | $0 | $18,736 | $1,073,981 | |
$451,060 | $600,477 | $0 | $0 | $18,703 | $1,070,240 | |
$451,060 | $587,642 | $0 | $0 | $18,589 | $1,057,291 | |
$451,060 | $587,642 | $0 | $0 | $18,589 | $1,057,291 | |
$451,060 | $604,185 | $0 | $0 | $18,736 | $1,073,981 | |
$451,060 | $591,286 | $0 | $0 | $18,621 | $1,060,968 | |
$451,060 | $600,477 | $0 | $38,215 | $18,703 | $1,108,455 | |
$451,060 | $80,309 | $390,466 | $43,544 | $59,176 | $1,024,554 | |
$451,060 | $13,203 | $334,148 | $49,617 | $64,868 | $912,895 | |
$450,969 | $0 | $145,589 | $0 | $100,212 | $696,770 | |
Totals: | $4,510,506 | $4,269,407 | $870,203 | $131,375 | $354,934 | $10,136,425 |
* 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