The Real Estate Financial Planner Blueprint™
29 Hillsboro, Oregon Nomad™ Starting with $0
Purchased Hillsboro, Oregon Nomad™ Property - $0 Start 6 Property
Bought in Month 518
We have a Rule that has you buying the Hillsboro, Oregon 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 518 after we've adjusted for all the income and expenses for the entire month.
To purchase the Hillsboro, Oregon Nomad™ Property - $0 Start 6 Property, we're assuming you're getting a 5% down payment loan. With a $1,780,418.49 purchase price that means you need to have $89,020.92 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($17,804.18) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $89,020.92 |
Rent Ready Costs | $0 |
Closing Costs | $17,804.18 |
Seller Concessions | $0 |
Total Cost To Close: | $106,825.11 |
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 |
---|---|---|---|---|---|---|
$53,544 | $78,010 | $0 | $0 | $2,826 | $134,380 | |
$53,544 | $80,297 | $0 | $4,536 | $2,846 | $141,223 | |
$53,544 | $5,387 | $37,074 | $6,233 | $8,636 | $110,874 | |
$53,544 | -$14,165 | $27,715 | $7,955 | $10,244 | $85,293 | |
$53,544 | -$29,961 | $23,098 | $9,267 | $11,463 | $67,412 | |
$53,533 | $0 | $17,282 | $0 | $12,381 | $83,197 | |
Totals: | $321,255 | $119,569 | $105,169 | $27,991 | $48,396 | $622,380 |
* 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