The Real Estate Financial Planner Blueprint™
29 Pembroke Pines, Florida Nomad™ Starting with $0
Purchased Pembroke Pines, Florida Nomad™ Property - $0 Start 9 Property
Bought in Month 450
We have a Rule that has you buying the Pembroke Pines, Florida Nomad™ Property - $0 Start 9 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 450 after we've adjusted for all the income and expenses for the entire month.
To purchase the Pembroke Pines, Florida Nomad™ Property - $0 Start 9 Property, we're assuming you're getting a 5% down payment loan. With a $1,398,070.17 purchase price that means you need to have $69,903.51 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($13,980.70) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $69,903.51 |
Rent Ready Costs | $0 |
Closing Costs | $13,980.70 |
Seller Concessions | $0 |
Total Cost To Close: | $83,884.21 |
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 |
---|---|---|---|---|---|---|
$42,046 | $81,550 | $0 | $0 | $4,327 | $127,922 | |
$42,046 | $35,886 | $39,172 | $3,817 | $7,874 | $128,794 | |
$42,046 | $30,206 | $33,228 | $4,381 | $8,408 | $118,268 | |
$42,046 | $22,540 | $27,612 | $5,116 | $9,101 | $106,415 | |
$42,046 | $14,863 | $23,769 | $5,801 | $9,742 | $96,221 | |
$42,046 | $2,905 | $20,581 | $6,546 | $10,407 | $82,483 | |
$42,046 | -$4,497 | $17,821 | $7,385 | $11,211 | $73,965 | |
$42,046 | -$26,290 | $15,659 | $8,231 | $12,848 | $52,493 | |
$42,037 | $0 | $13,571 | $0 | $11,478 | $67,087 | |
Totals: | $378,402 | $157,162 | $191,412 | $41,277 | $85,395 | $853,647 |
* 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
- 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
- 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
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports