The Real Estate Financial Planner Blueprint™
29 Aurora, Colorado Nomad™ Starting with $0
Purchased Aurora, Colorado Nomad™ Property - $0 Start 5 Property
Bought in Month 442
We have a Rule that has you buying the Aurora, Colorado Nomad™ Property - $0 Start 5 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 442 after we've adjusted for all the income and expenses for the entire month.
To purchase the Aurora, Colorado Nomad™ Property - $0 Start 5 Property, we're assuming you're getting a 5% down payment loan. With a $1,430,439.84 purchase price that means you need to have $71,521.99 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($14,304.40) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $71,521.99 |
Rent Ready Costs | $0 |
Closing Costs | $14,304.40 |
Seller Concessions | $0 |
Total Cost To Close: | $85,826.39 |
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 |
---|---|---|---|---|---|---|
$43,019 | $66,590 | $0 | $3,645 | $1,938 | $115,192 | |
$43,019 | $15,333 | $34,602 | $4,417 | $6,057 | $103,427 | |
$43,019 | -$2,737 | $24,248 | $5,950 | $7,484 | $77,964 | |
$43,019 | -$19,799 | $18,341 | $7,519 | $8,957 | $58,038 | |
$43,010 | $0 | $13,885 | $0 | $9,625 | $66,521 | |
Totals: | $215,087 | $59,387 | $91,076 | $21,531 | $34,061 | $421,141 |
* 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 $10,000 and a Ideal Target Monthly Income in Retirement™ of $15,000 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
- 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports