The Real Estate Financial Planner Blueprint™
29 Roseville, California Nomad™ Starting with $0
Purchased Roseville, California Nomad™ Property - $0 Start 10 Property
Bought in Month 1058
We have a Rule that has you buying the Roseville, 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 1058 after we've adjusted for all the income and expenses for the entire month.
To purchase the Roseville, California Nomad™ Property - $0 Start 10 Property, we're assuming you're getting a 5% down payment loan. With a $8,287,836.35 purchase price that means you need to have $414,391.82 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($82,878.36) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $414,391.82 |
Rent Ready Costs | $0 |
Closing Costs | $82,878.36 |
Seller Concessions | $0 |
Total Cost To Close: | $497,270.18 |
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 |
---|---|---|---|---|---|---|
$249,248 | $331,412 | $0 | $0 | $11,328 | $591,988 | |
$249,248 | $334,569 | $0 | $0 | $11,356 | $595,174 | |
$249,248 | $335,627 | $0 | $0 | $11,365 | $596,241 | |
$249,248 | $329,320 | $0 | $0 | $11,309 | $589,878 | |
$249,248 | $331,412 | $0 | $0 | $11,328 | $591,988 | |
$249,248 | $329,320 | $0 | $0 | $11,309 | $589,878 | |
$249,248 | $330,365 | $0 | $21,117 | $11,319 | $612,048 | |
$249,248 | $51,725 | $218,316 | $23,826 | $33,517 | $576,632 | |
$249,248 | -$1,328 | $177,202 | $28,379 | $37,761 | $491,263 | |
$249,198 | $0 | $80,450 | $0 | $56,245 | $385,893 | |
Totals: | $2,492,433 | $2,372,422 | $475,968 | $73,322 | $206,839 | $5,620,983 |
* 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