The Real Estate Financial Planner Blueprint™
29 Carrollton, Texas Nomad™ Starting with $0
Purchased Carrollton, Texas Nomad™ Property - $0 Start 9 Property
Bought in Month 868
We have a Rule that has you buying the Carrollton, Texas 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 868 after we've adjusted for all the income and expenses for the entire month.
To purchase the Carrollton, Texas Nomad™ Property - $0 Start 9 Property, we're assuming you're getting a 5% down payment loan. With a $3,153,906.96 purchase price that means you need to have $157,695.35 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($31,539.07) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $157,695.35 |
Rent Ready Costs | $0 |
Closing Costs | $31,539.07 |
Seller Concessions | $0 |
Total Cost To Close: | $189,234.42 |
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 |
---|---|---|---|---|---|---|
$94,851 | $149,904 | $0 | $0 | $10,543 | $255,297 | |
$94,851 | $150,529 | $0 | $0 | $10,548 | $255,928 | |
$94,851 | $148,658 | $0 | $0 | $10,532 | $254,040 | |
$94,851 | $148,658 | $0 | $0 | $10,532 | $254,040 | |
$94,851 | $149,280 | $0 | $0 | $10,537 | $254,668 | |
$94,851 | $149,904 | $0 | $0 | $10,543 | $255,297 | |
$94,851 | $148,658 | $0 | $8,036 | $10,532 | $262,076 | |
$94,851 | $41,898 | $80,911 | $9,270 | $19,183 | $246,113 | |
$94,831 | $0 | $30,615 | $0 | $26,856 | $152,303 | |
Totals: | $853,636 | $1,087,488 | $111,526 | $17,306 | $119,805 | $2,189,761 |
* 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 $10,000 and a Ideal Target Monthly Income in Retirement™ of $15,000 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
- 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
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Final Month Summary
Reports