The Real Estate Financial Planner Blueprint™
29 Santa Clarita, California Nomad™ Starting with $0
Purchased Santa Clarita, California Nomad™ Property - $0 Start 8 Property
Bought in Month 722
We have a Rule that has you buying the Santa Clarita, California Nomad™ Property - $0 Start 8 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 722 after we've adjusted for all the income and expenses for the entire month.
To purchase the Santa Clarita, California Nomad™ Property - $0 Start 8 Property, we're assuming you're getting a 5% down payment loan. With a $4,391,712.19 purchase price that means you need to have $219,585.61 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($43,917.12) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $219,585.61 |
Rent Ready Costs | $0 |
Closing Costs | $43,917.12 |
Seller Concessions | $0 |
Total Cost To Close: | $263,502.73 |
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 |
---|---|---|---|---|---|---|
$132,076 | $192,043 | $0 | $0 | $6,614 | $330,734 | |
$132,076 | $188,416 | $0 | $0 | $6,582 | $327,074 | |
$132,076 | $188,416 | $0 | $11,190 | $6,582 | $338,264 | |
$132,076 | $18,309 | $97,270 | $14,600 | $20,191 | $282,446 | |
$132,076 | -$5,157 | $81,545 | $16,926 | $22,390 | $247,780 | |
$132,076 | -$36,906 | $67,168 | $19,914 | $25,203 | $207,455 | |
$132,076 | -$83,884 | $55,488 | $23,371 | $28,366 | $155,418 | |
$132,050 | $0 | $42,630 | $0 | $30,223 | $204,903 | |
Totals: | $1,056,584 | $461,238 | $344,101 | $86,000 | $146,152 | $2,094,075 |
* 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