The Real Estate Financial Planner Blueprint™
29 Ventura, California Nomad™ Starting with $0
Purchased Ventura, California Nomad™ Property - $0 Start 10 Property
Bought in Month 1034
We have a Rule that has you buying the Ventura, California Nomad™ Property - $0 Start 10 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 1034 after we've adjusted for all the income and expenses for the entire month.
To purchase the Ventura, California Nomad™ Property - $0 Start 10 Property, we're assuming you're getting a 5% down payment loan. With a $10,211,243.75 purchase price that means you need to have $510,562.19 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($102,112.44) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $510,562.19 |
Rent Ready Costs | $0 |
Closing Costs | $102,112.44 |
Seller Concessions | $0 |
Total Cost To Close: | $612,674.63 |
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 |
---|---|---|---|---|---|---|
$307,093 | $452,305 | $0 | $0 | $12,019 | $771,416 | |
$307,093 | $448,312 | $0 | $0 | $11,983 | $767,388 | |
$307,093 | $448,312 | $0 | $0 | $11,983 | $767,388 | |
$307,093 | $441,723 | $0 | $0 | $11,924 | $760,740 | |
$307,093 | $452,305 | $0 | $0 | $12,019 | $771,416 | |
$307,093 | $441,723 | $0 | $0 | $11,924 | $760,740 | |
$307,093 | $448,312 | $0 | $26,018 | $11,983 | $793,406 | |
$307,093 | $96,538 | $256,627 | $30,535 | $40,480 | $731,273 | |
$307,093 | -$186,744 | $130,159 | $53,941 | $62,202 | $366,651 | |
$307,031 | $0 | $99,121 | $0 | $67,202 | $473,353 | |
Totals: | $3,070,866 | $3,042,786 | $485,907 | $110,494 | $253,719 | $6,963,772 |
* 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