The Real Estate Financial Planner Blueprint™
29 San Bernardino, California Nomad™ Starting with $0
Purchased San Bernardino, California Nomad™ Property - $0 Start 9 Property
Bought in Month 650
We have a Rule that has you buying the San Bernardino, 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 650 after we've adjusted for all the income and expenses for the entire month.
To purchase the San Bernardino, California Nomad™ Property - $0 Start 9 Property, we're assuming you're getting a 5% down payment loan. With a $2,028,742.16 purchase price that means you need to have $101,437.11 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($20,287.42) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $101,437.11 |
Rent Ready Costs | $0 |
Closing Costs | $20,287.42 |
Seller Concessions | $0 |
Total Cost To Close: | $121,724.53 |
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 |
---|---|---|---|---|---|---|
$61,012 | $113,930 | $0 | $0 | $2,914 | $177,857 | |
$61,012 | $114,934 | $0 | $0 | $2,923 | $178,870 | |
$61,012 | $113,265 | $0 | $0 | $2,909 | $177,186 | |
$61,012 | $113,930 | $0 | $5,169 | $2,914 | $183,026 | |
$61,012 | $45,445 | $51,438 | $6,022 | $8,542 | $172,459 | |
$61,012 | $33,983 | $44,019 | $6,862 | $9,310 | $155,186 | |
$61,012 | $26,974 | $40,186 | $7,406 | $9,812 | $145,391 | |
$61,012 | $16,621 | $35,104 | $8,295 | $10,640 | $131,673 | |
$61,000 | $0 | $19,693 | $0 | $13,633 | $94,326 | |
Totals: | $549,099 | $579,085 | $190,439 | $33,754 | $63,599 | $1,415,976 |
* 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 $8,000 and a Ideal Target Monthly Income in Retirement™ of $12,000 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
- 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
- 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports