The Real Estate Financial Planner Blueprint™
29 Arvada, Colorado Nomad™ Starting with $0
Purchased Arvada, Colorado Nomad™ Property - $0 Start 1 Property
Bought in Month 99
We have a Rule that has you buying the Arvada, Colorado Nomad™ Property - $0 Start 1 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 99 after we've adjusted for all the income and expenses for the entire month.
To purchase the Arvada, Colorado Nomad™ Property - $0 Start 1 Property, we're assuming you're getting a 5% down payment loan. With a $765,902.20 purchase price that means you need to have $38,295.11 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($7,659.02) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $38,295.11 |
Rent Ready Costs | $0 |
Closing Costs | $7,659.02 |
Seller Concessions | $0 |
Total Cost To Close: | $45,954.13 |
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 |
---|---|---|---|---|---|---|
$23,029 | $0 | $7,435 | $0 | $5,156 | $35,619 | |
Totals: | $23,029 | $0 | $7,435 | $0 | $5,156 | $35,619 |
* 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 $12,000 and a Ideal Target Monthly Income in Retirement™ of $18,000 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
- 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
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports