The Real Estate Financial Planner Blueprint™
29 Ventura, California Nomad™ Starting with $0
Purchased Ventura, California Nomad™ Property - $0 Start 6 Property
Bought in Month 610
We have a Rule that has you buying the Ventura, 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 610 after we've adjusted for all the income and expenses for the entire month.
To purchase the Ventura, California Nomad™ Property - $0 Start 6 Property, we're assuming you're getting a 5% down payment loan. With a $3,593,326.69 purchase price that means you need to have $179,666.33 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($35,933.27) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $179,666.33 |
Rent Ready Costs | $0 |
Closing Costs | $35,933.27 |
Seller Concessions | $0 |
Total Cost To Close: | $215,599.60 |
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 |
---|---|---|---|---|---|---|
$108,066 | $159,181 | $0 | $0 | $4,230 | $271,476 | |
$108,066 | $157,776 | $0 | $9,156 | $4,217 | $279,214 | |
$108,066 | $11,205 | $74,823 | $12,580 | $15,943 | $222,617 | |
$108,066 | -$35,785 | $54,475 | $16,414 | $19,496 | $162,665 | |
$108,066 | -$66,377 | $44,739 | $19,359 | $22,274 | $128,061 | |
$108,044 | $0 | $34,880 | $0 | $23,665 | $166,589 | |
Totals: | $648,372 | $225,999 | $208,917 | $57,509 | $89,825 | $1,230,623 |
* 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
- 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
- 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
- Final Month Summary
Reports