The Real Estate Financial Planner Blueprint™
29 San Bernardino, California Nomad™ Starting with $0
Purchased San Bernardino, California Nomad™ Property - $0 Start 10 Property
Bought in Month 712
We have a Rule that has you buying the San Bernardino, 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 712 after we've adjusted for all the income and expenses for the entire month.
To purchase the San Bernardino, California Nomad™ Property - $0 Start 10 Property, we're assuming you're getting a 5% down payment loan. With a $2,363,483.18 purchase price that means you need to have $118,174.16 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($23,634.83) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $118,174.16 |
Rent Ready Costs | $0 |
Closing Costs | $23,634.83 |
Seller Concessions | $0 |
Total Cost To Close: | $141,808.99 |
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 |
---|---|---|---|---|---|---|
$71,079 | $132,737 | $0 | $0 | $3,396 | $207,212 | |
$71,079 | $133,906 | $0 | $0 | $3,406 | $208,392 | |
$71,079 | $131,962 | $0 | $0 | $3,389 | $206,430 | |
$71,079 | $132,737 | $0 | $0 | $3,396 | $207,212 | |
$71,079 | $134,691 | $0 | $6,022 | $3,413 | $215,205 | |
$71,079 | $52,790 | $61,531 | $6,862 | $9,791 | $202,053 | |
$71,079 | $45,671 | $56,173 | $7,406 | $10,292 | $190,622 | |
$71,079 | $35,318 | $49,070 | $8,295 | $11,120 | $174,883 | |
$71,079 | -$13,446 | $29,950 | $12,547 | $15,090 | $115,221 | |
$71,065 | $0 | $22,942 | $0 | $15,891 | $109,898 | |
Totals: | $710,779 | $786,367 | $219,666 | $41,132 | $79,183 | $1,837,128 |
* 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