The Real Estate Financial Planner Blueprint™
29 Pueblo, Colorado Nomad™ Starting with $0
Purchased Pueblo, Colorado Nomad™ Property - $0 Start 8 Property
Bought in Month 458
We have a Rule that has you buying the Pueblo, 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 458 after we've adjusted for all the income and expenses for the entire month.
To purchase the Pueblo, Colorado Nomad™ Property - $0 Start 8 Property, we're assuming you're getting a 5% down payment loan. With a $836,800.92 purchase price that means you need to have $41,840.05 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($8,368.01) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $41,840.05 |
Rent Ready Costs | $0 |
Closing Costs | $8,368.01 |
Seller Concessions | $0 |
Total Cost To Close: | $50,208.06 |
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 |
---|---|---|---|---|---|---|
$25,166 | $42,370 | $0 | $0 | $1,282 | $68,817 | |
$25,166 | $42,370 | $0 | $2,132 | $1,282 | $70,950 | |
$25,166 | $12,208 | $19,888 | $2,622 | $3,729 | $63,614 | |
$25,166 | $5,619 | $15,954 | $3,154 | $4,222 | $54,115 | |
$25,166 | -$1,190 | $13,026 | $3,739 | $4,767 | $45,507 | |
$25,166 | -$6,950 | $10,920 | $4,334 | $5,332 | $38,803 | |
$25,166 | -$20,370 | $9,568 | $4,842 | $6,301 | $25,507 | |
$25,161 | $0 | $8,123 | $0 | $5,732 | $39,016 | |
Totals: | $201,322 | $74,057 | $77,479 | $20,824 | $32,647 | $406,328 |
* 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 $6,000 and a Ideal Target Monthly Income in Retirement™ of $9,000 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
- 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
- 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
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports