The Real Estate Financial Planner Blueprint™
29 Alexandria, Virginia Nomad™ Starting with $0
Purchased Alexandria, Virginia Nomad™ Property - $0 Start 7 Property
Bought in Month 770
We have a Rule that has you buying the Alexandria, Virginia Nomad™ Property - $0 Start 7 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 770 after we've adjusted for all the income and expenses for the entire month.
To purchase the Alexandria, Virginia Nomad™ Property - $0 Start 7 Property, we're assuming you're getting a 5% down payment loan. With a $4,298,471.43 purchase price that means you need to have $214,923.57 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($42,984.71) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $214,923.57 |
Rent Ready Costs | $0 |
Closing Costs | $42,984.71 |
Seller Concessions | $0 |
Total Cost To Close: | $257,908.29 |
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 |
---|---|---|---|---|---|---|
$129,272 | $165,391 | $0 | $0 | $6,607 | $301,270 | |
$129,272 | $161,576 | $0 | $0 | $6,573 | $297,421 | |
$129,272 | $161,576 | $0 | $10,952 | $6,573 | $308,373 | |
$129,272 | $8,453 | $102,162 | $13,470 | $19,162 | $272,519 | |
$129,272 | -$46,753 | $72,864 | $17,881 | $23,239 | $196,502 | |
$129,272 | -$90,263 | $58,108 | $21,615 | $26,720 | $145,452 | |
$129,246 | $0 | $41,725 | $0 | $29,882 | $200,853 | |
Totals: | $904,879 | $359,979 | $274,859 | $63,918 | $118,754 | $1,722,389 |
* 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 $14,000 and a Ideal Target Monthly Income in Retirement™ of $21,000 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
- 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
- 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Final Month Summary
Reports