The Real Estate Financial Planner Blueprint™
29 Waterbury, Connecticut Nomad™ Starting with $0
Purchased Waterbury, Connecticut Nomad™ Property - $0 Start 6 Property
Bought in Month 433
We have a Rule that has you buying the Waterbury, Connecticut Nomad™ Property - $0 Start 6 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 433 after we've adjusted for all the income and expenses for the entire month.
To purchase the Waterbury, Connecticut Nomad™ Property - $0 Start 6 Property, we're assuming you're getting a 5% down payment loan. With a $570,569.56 purchase price that means you need to have $28,528.48 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($5,705.70) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $28,528.48 |
Rent Ready Costs | $0 |
Closing Costs | $5,705.70 |
Seller Concessions | $0 |
Total Cost To Close: | $34,234.17 |
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 |
---|---|---|---|---|---|---|
$17,159 | $25,541 | $0 | $0 | $2,324 | $45,025 | |
$17,159 | $24,345 | $0 | $1,454 | $2,314 | $45,272 | |
$17,159 | $2,018 | $12,563 | $1,906 | $4,089 | $37,736 | |
$17,159 | -$3,607 | $9,173 | $2,481 | $4,635 | $29,841 | |
$17,159 | -$10,808 | $6,980 | $3,120 | $5,232 | $21,683 | |
$17,156 | $0 | $5,539 | $0 | $5,245 | $27,939 | |
Totals: | $102,952 | $37,489 | $34,255 | $8,961 | $23,839 | $207,497 |
* 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
- Paid Off Mortgage
- 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
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports