The Real Estate Financial Planner Blueprint™
29 Roseville, California Nomad™ Starting with $0
Purchased Roseville, California Nomad™ Property - $0 Start 4 Property
Bought in Month 464
We have a Rule that has you buying the Roseville, California Nomad™ Property - $0 Start 4 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 464 after we've adjusted for all the income and expenses for the entire month.
To purchase the Roseville, California Nomad™ Property - $0 Start 4 Property, we're assuming you're getting a 5% down payment loan. With a $1,918,662.31 purchase price that means you need to have $95,933.12 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($19,186.62) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $95,933.12 |
Rent Ready Costs | $0 |
Closing Costs | $19,186.62 |
Seller Concessions | $0 |
Total Cost To Close: | $115,119.74 |
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 |
---|---|---|---|---|---|---|
$57,702 | $76,731 | $0 | $4,889 | $2,623 | $141,945 | |
$57,702 | $1,667 | $41,508 | $6,505 | $8,693 | $116,075 | |
$57,702 | -$31,161 | $26,947 | $9,344 | $11,341 | $74,173 | |
$57,690 | $0 | $18,625 | $0 | $13,034 | $89,349 | |
Totals: | $230,796 | $47,238 | $87,079 | $20,738 | $35,691 | $421,542 |
* 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 $13,000 and a Ideal Target Monthly Income in Retirement™ of $20,000 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
- 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
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports