The Real Estate Financial Planner Blueprint™
29 Santa Clarita, California Nomad™ Starting with $0
Purchased Santa Clarita, California Nomad™ Property - $0 Start 6 Property
Bought in Month 596
We have a Rule that has you buying the Santa Clarita, California Nomad™ Property - $0 Start 6 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 596 after we've adjusted for all the income and expenses for the entire month.
To purchase the Santa Clarita, California Nomad™ Property - $0 Start 6 Property, we're assuming you're getting a 5% down payment loan. With a $3,219,904.66 purchase price that means you need to have $160,995.23 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($32,199.05) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $160,995.23 |
Rent Ready Costs | $0 |
Closing Costs | $32,199.05 |
Seller Concessions | $0 |
Total Cost To Close: | $193,194.28 |
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 |
---|---|---|---|---|---|---|
$96,835 | $140,817 | $0 | $0 | $4,850 | $242,502 | |
$96,835 | $138,157 | $0 | $8,204 | $4,826 | $248,023 | |
$96,835 | $7,785 | $67,641 | $11,190 | $15,256 | $198,708 | |
$96,835 | -$31,949 | $49,246 | $14,600 | $18,435 | $147,167 | |
$96,835 | -$56,383 | $41,285 | $16,926 | $20,626 | $119,289 | |
$96,816 | $0 | $31,256 | $0 | $22,183 | $150,255 | |
Totals: | $580,993 | $198,427 | $189,428 | $50,920 | $86,177 | $1,105,944 |
* 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 $16,000 and a Ideal Target Monthly Income in Retirement™ of $24,000 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
- 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
- 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
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports