The Real Estate Financial Planner Blueprint™
29 Oceanside, California Nomad™ Starting with $0
Purchased Oceanside, California Nomad™ Property - $0 Start 9 Property
Bought in Month 675
We have a Rule that has you buying the Oceanside, 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 675 after we've adjusted for all the income and expenses for the entire month.
To purchase the Oceanside, California Nomad™ Property - $0 Start 9 Property, we're assuming you're getting a 5% down payment loan. With a $4,048,006.59 purchase price that means you need to have $202,400.33 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($40,480.07) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $202,400.33 |
Rent Ready Costs | $0 |
Closing Costs | $40,480.07 |
Seller Concessions | $0 |
Total Cost To Close: | $242,880.40 |
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 |
---|---|---|---|---|---|---|
$121,740 | $196,510 | $0 | $0 | $5,026 | $323,276 | |
$121,740 | $191,956 | $0 | $0 | $4,985 | $318,681 | |
$121,740 | $195,363 | $0 | $10,314 | $5,016 | $332,433 | |
$121,740 | $41,400 | $94,528 | $12,874 | $16,980 | $287,521 | |
$121,740 | $10,637 | $75,385 | $15,563 | $19,491 | $242,814 | |
$121,740 | -$13,187 | $65,274 | $17,559 | $21,347 | $212,733 | |
$121,740 | -$37,734 | $56,853 | $19,714 | $23,360 | $183,934 | |
$121,740 | -$69,620 | $49,229 | $22,243 | $25,911 | $149,503 | |
$121,715 | $0 | $39,294 | $0 | $26,745 | $187,754 | |
Totals: | $1,095,633 | $515,325 | $380,562 | $98,267 | $148,860 | $2,238,647 |
* 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 $16,000 and a Ideal Target Monthly Income in Retirement™ of $24,000 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
- 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
- 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports