The Real Estate Financial Planner Blueprint™
29 Highlands Ranch, Colorado Nomad™ Starting with $0
Purchased Highlands Ranch, Colorado Nomad™ Property - $0 Start 8 Property
Bought in Month 974
We have a Rule that has you buying the Highlands Ranch, Colorado 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 974 after we've adjusted for all the income and expenses for the entire month.
To purchase the Highlands Ranch, Colorado Nomad™ Property - $0 Start 8 Property, we're assuming you're getting a 5% down payment loan. With a $7,830,078.83 purchase price that means you need to have $391,503.94 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($78,300.79) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $391,503.94 |
Rent Ready Costs | $0 |
Closing Costs | $78,300.79 |
Seller Concessions | $0 |
Total Cost To Close: | $469,804.73 |
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 |
---|---|---|---|---|---|---|
$235,482 | $265,636 | $0 | $0 | $10,057 | $511,175 | |
$235,482 | $267,375 | $0 | $0 | $10,073 | $512,930 | |
$235,482 | $263,905 | $0 | $0 | $10,042 | $509,428 | |
$235,482 | $266,504 | $0 | $19,950 | $10,065 | $532,001 | |
$235,482 | -$20,622 | $184,464 | $24,719 | $33,112 | $457,155 | |
$235,482 | -$123,229 | $129,264 | $33,302 | $41,089 | $315,908 | |
$235,482 | -$195,975 | $105,539 | $39,471 | $46,832 | $231,349 | |
$235,434 | $0 | $76,007 | $0 | $52,938 | $364,378 | |
Totals: | $1,883,806 | $723,595 | $495,274 | $117,442 | $214,208 | $3,434,324 |
* 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 $15,000 and a Ideal Target Monthly Income in Retirement™ of $23,000 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
- 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
- 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
- Final Month Summary
Reports