The Real Estate Financial Planner Blueprint™
29 Vallejo, California Nomad™ Starting with $0
Purchased Vallejo, California Nomad™ Property - $0 Start 9 Property
Bought in Month 650
We have a Rule that has you buying the Vallejo, 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 650 after we've adjusted for all the income and expenses for the entire month.
To purchase the Vallejo, California Nomad™ Property - $0 Start 9 Property, we're assuming you're getting a 5% down payment loan. With a $2,662,624.54 purchase price that means you need to have $133,131.23 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($26,626.25) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $133,131.23 |
Rent Ready Costs | $0 |
Closing Costs | $26,626.25 |
Seller Concessions | $0 |
Total Cost To Close: | $159,757.47 |
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 |
---|---|---|---|---|---|---|
$80,076 | $126,083 | $0 | $0 | $3,522 | $209,681 | |
$80,076 | $125,331 | $0 | $0 | $3,515 | $208,922 | |
$80,076 | $125,331 | $0 | $6,784 | $3,515 | $215,706 | |
$80,076 | $27,090 | $61,090 | $8,594 | $11,542 | $188,392 | |
$80,076 | $8,191 | $50,467 | $10,086 | $12,920 | $161,740 | |
$80,076 | -$8,814 | $42,809 | $11,578 | $14,314 | $139,963 | |
$80,076 | -$25,741 | $37,068 | $13,063 | $15,701 | $120,167 | |
$80,076 | -$52,811 | $32,096 | $14,739 | $17,767 | $91,867 | |
$80,060 | $0 | $25,846 | $0 | $17,807 | $123,713 | |
Totals: | $720,665 | $324,660 | $249,376 | $64,845 | $100,603 | $1,460,150 |
* 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 $11,000 and a Ideal Target Monthly Income in Retirement™ of $17,000 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
- 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
- Achieved Financial Independence Goal
- 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
- Paid Off Mortgage
- Final Month Summary
Reports