The Real Estate Financial Planner Blueprint™
29 Ventura, California Nomad™ Starting with $0
Purchased Ventura, California Nomad™ Property - $0 Start 8 Property
Bought in Month 739
We have a Rule that has you buying the Ventura, 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 739 after we've adjusted for all the income and expenses for the entire month.
To purchase the Ventura, California Nomad™ Property - $0 Start 8 Property, we're assuming you're getting a 5% down payment loan. With a $4,937,383.59 purchase price that means you need to have $246,869.18 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($49,373.84) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $246,869.18 |
Rent Ready Costs | $0 |
Closing Costs | $49,373.84 |
Seller Concessions | $0 |
Total Cost To Close: | $296,243.02 |
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 |
---|---|---|---|---|---|---|
$148,487 | $218,723 | $0 | $0 | $5,812 | $373,022 | |
$148,487 | $216,793 | $0 | $0 | $5,795 | $371,074 | |
$148,487 | $216,793 | $0 | $12,580 | $5,795 | $383,654 | |
$148,487 | $22,364 | $109,355 | $16,414 | $21,066 | $317,686 | |
$148,487 | -$6,835 | $89,810 | $19,359 | $23,857 | $274,679 | |
$148,487 | -$45,313 | $76,182 | $22,223 | $26,480 | $228,059 | |
$148,487 | -$86,338 | $63,120 | $26,018 | $30,045 | $181,332 | |
$148,457 | $0 | $47,927 | $0 | $32,519 | $228,903 | |
Totals: | $1,187,865 | $536,187 | $386,396 | $96,594 | $151,368 | $2,358,409 |
* 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