The Real Estate Financial Planner Blueprint™
29 Stockton, California Nomad™ Starting with $0
Purchased Stockton, California Nomad™ Property - $0 Start 8 Property
Bought in Month 482
We have a Rule that has you buying the Stockton, 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 482 after we've adjusted for all the income and expenses for the entire month.
To purchase the Stockton, California Nomad™ Property - $0 Start 8 Property, we're assuming you're getting a 5% down payment loan. With a $1,343,219.23 purchase price that means you need to have $67,160.96 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($13,432.19) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $67,160.96 |
Rent Ready Costs | $0 |
Closing Costs | $13,432.19 |
Seller Concessions | $0 |
Total Cost To Close: | $80,593.15 |
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 |
---|---|---|---|---|---|---|
$40,396 | $67,511 | $0 | $0 | $1,937 | $109,844 | |
$40,396 | $67,919 | $0 | $3,422 | $1,941 | $113,678 | |
$40,396 | $19,457 | $31,737 | $4,230 | $5,891 | $101,711 | |
$40,396 | $8,082 | $25,385 | $5,101 | $6,691 | $85,654 | |
$40,396 | -$2,410 | $20,909 | $6,001 | $7,531 | $72,427 | |
$40,396 | -$13,546 | $17,529 | $6,957 | $8,422 | $59,757 | |
$40,396 | -$33,944 | $15,223 | $7,830 | $10,053 | $39,559 | |
$40,388 | $0 | $13,039 | $0 | $9,096 | $62,523 | |
Totals: | $323,159 | $113,068 | $123,821 | $33,542 | $51,562 | $645,152 |
* 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 $9,000 and a Ideal Target Monthly Income in Retirement™ of $14,000 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
- 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports