The Real Estate Financial Planner Blueprint™
29 Hillsboro, Oregon Nomad™ Starting with $0
Purchased Hillsboro, Oregon Nomad™ Property - $0 Start 5 Property
Bought in Month 448
We have a Rule that has you buying the Hillsboro, Oregon 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 448 after we've adjusted for all the income and expenses for the entire month.
To purchase the Hillsboro, Oregon Nomad™ Property - $0 Start 5 Property, we're assuming you're getting a 5% down payment loan. With a $1,498,436.30 purchase price that means you need to have $74,921.82 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($14,984.36) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $74,921.82 |
Rent Ready Costs | $0 |
Closing Costs | $14,984.36 |
Seller Concessions | $0 |
Total Cost To Close: | $89,906.18 |
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 |
---|---|---|---|---|---|---|
$45,064 | $65,659 | $0 | $3,818 | $2,378 | $116,919 | |
$45,064 | $14,730 | $37,109 | $4,536 | $6,624 | $108,063 | |
$45,064 | -$6,964 | $25,400 | $6,233 | $8,188 | $77,922 | |
$45,064 | -$26,596 | $18,988 | $7,955 | $9,796 | $55,207 | |
$45,055 | $0 | $14,545 | $0 | $10,427 | $70,027 | |
Totals: | $225,311 | $46,829 | $96,043 | $22,542 | $37,413 | $428,138 |
* 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 $11,000 and a Ideal Target Monthly Income in Retirement™ of $17,000 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
- 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
- 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
- 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
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports