The Real Estate Financial Planner Blueprint™
29 Moreno Valley, California Nomad™ Starting with $0
Purchased Moreno Valley, California Nomad™ Property - $0 Start 10 Property
Bought in Month 914
We have a Rule that has you buying the Moreno Valley, 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 914 after we've adjusted for all the income and expenses for the entire month.
To purchase the Moreno Valley, California Nomad™ Property - $0 Start 10 Property, we're assuming you're getting a 5% down payment loan. With a $4,553,413.60 purchase price that means you need to have $227,670.68 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($45,534.14) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $227,670.68 |
Rent Ready Costs | $0 |
Closing Costs | $45,534.14 |
Seller Concessions | $0 |
Total Cost To Close: | $273,204.82 |
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 |
---|---|---|---|---|---|---|
$136,939 | $212,253 | $0 | $0 | $6,301 | $355,494 | |
$136,939 | $212,253 | $0 | $0 | $6,301 | $355,494 | |
$136,939 | $211,609 | $0 | $0 | $6,295 | $354,844 | |
$136,939 | $216,809 | $0 | $0 | $6,342 | $360,090 | |
$136,939 | $210,966 | $0 | $0 | $6,290 | $354,195 | |
$136,939 | $210,966 | $0 | $0 | $6,290 | $354,195 | |
$136,939 | $211,609 | $0 | $11,602 | $6,295 | $366,446 | |
$136,939 | $58,453 | $119,945 | $13,090 | $18,491 | $346,918 | |
$136,939 | -$72,055 | $57,363 | $24,292 | $28,932 | $175,470 | |
$136,912 | $0 | $44,200 | $0 | $30,730 | $211,842 | |
Totals: | $1,369,365 | $1,472,863 | $221,508 | $48,984 | $122,267 | $3,234,987 |
* 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 $10,000 and a Ideal Target Monthly Income in Retirement™ of $15,000 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
- 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
- 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
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports