The Real Estate Financial Planner Blueprint™
29 Rancho Cucamonga, California Nomad™ Starting with $0
Purchased Rancho Cucamonga, California Nomad™ Property - $0 Start 9 Property
Bought in Month 1142
We have a Rule that has you buying the Rancho Cucamonga, 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 1142 after we've adjusted for all the income and expenses for the entire month.
To purchase the Rancho Cucamonga, California Nomad™ Property - $0 Start 9 Property, we're assuming you're getting a 5% down payment loan. With a $11,832,728.22 purchase price that means you need to have $591,636.41 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($118,327.28) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $591,636.41 |
Rent Ready Costs | $0 |
Closing Costs | $118,327.28 |
Seller Concessions | $0 |
Total Cost To Close: | $709,963.69 |
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 |
---|---|---|---|---|---|---|
$355,857 | $459,393 | $0 | $0 | $15,039 | $830,289 | |
$355,857 | $449,433 | $0 | $0 | $14,950 | $820,240 | |
$355,857 | $460,830 | $0 | $0 | $15,051 | $831,739 | |
$355,857 | $448,024 | $0 | $0 | $14,938 | $818,819 | |
$355,857 | $448,024 | $0 | $0 | $14,938 | $818,819 | |
$355,857 | $448,024 | $0 | $0 | $14,938 | $818,819 | |
$355,857 | $448,024 | $0 | $30,149 | $14,938 | $848,968 | |
$355,857 | $40,810 | $301,780 | $34,951 | $47,515 | $780,913 | |
$355,785 | $0 | $114,860 | $0 | $79,392 | $550,037 | |
Totals: | $3,202,644 | $3,202,562 | $416,641 | $65,100 | $231,697 | $7,118,644 |
* 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 $15,000 and a Ideal Target Monthly Income in Retirement™ of $23,000 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
- 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