The Real Estate Financial Planner Blueprint™
29 Santa Ana, California Nomad™ Starting with $0
Purchased Santa Ana, California Nomad™ Property - $0 Start 9 Property
Bought in Month 839
We have a Rule that has you buying the Santa Ana, 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 839 after we've adjusted for all the income and expenses for the entire month.
To purchase the Santa Ana, California Nomad™ Property - $0 Start 9 Property, we're assuming you're getting a 5% down payment loan. With a $5,950,705.07 purchase price that means you need to have $297,535.25 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($59,507.05) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $297,535.25 |
Rent Ready Costs | $0 |
Closing Costs | $59,507.05 |
Seller Concessions | $0 |
Total Cost To Close: | $357,042.30 |
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 |
---|---|---|---|---|---|---|
$178,961 | $298,888 | $0 | $0 | $7,403 | $485,253 | |
$178,961 | $299,757 | $0 | $0 | $7,411 | $486,129 | |
$178,961 | $292,866 | $0 | $0 | $7,349 | $479,177 | |
$178,961 | $300,628 | $0 | $0 | $7,418 | $487,008 | |
$178,961 | $301,501 | $0 | $15,162 | $7,426 | $503,051 | |
$178,961 | $93,552 | $156,753 | $17,107 | $23,295 | $469,667 | |
$178,961 | $73,994 | $140,189 | $18,786 | $24,859 | $436,789 | |
$178,961 | $54,286 | $121,745 | $21,143 | $27,126 | $403,261 | |
$178,925 | $0 | $57,764 | $0 | $39,263 | $275,952 | |
Totals: | $1,610,617 | $1,715,473 | $476,450 | $72,198 | $151,550 | $4,026,288 |
* 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
- 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
- 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
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- 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
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports