The Real Estate Financial Planner Blueprint™
29 Newport News, Virginia Nomad™ Starting with $0
Purchased Newport News, Virginia Nomad™ Property - $0 Start 5 Property
Bought in Month 134
We have a Rule that has you buying the Newport News, Virginia 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 134 after we've adjusted for all the income and expenses for the entire month.
To purchase the Newport News, Virginia Nomad™ Property - $0 Start 5 Property, we're assuming you're getting a 5% down payment loan. With a $315,187.54 purchase price that means you need to have $15,759.38 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($3,151.88) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $15,759.38 |
Rent Ready Costs | $0 |
Closing Costs | $3,151.88 |
Seller Concessions | $0 |
Total Cost To Close: | $18,911.25 |
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 |
---|---|---|---|---|---|---|
$9,479 | $4,868 | $4,375 | $1,550 | $2,071 | $22,343 | |
$9,479 | $4,395 | $4,223 | $1,597 | $2,115 | $21,809 | |
$9,479 | $1,737 | $3,788 | $1,749 | $2,334 | $19,086 | |
$9,479 | -$673 | $3,646 | $1,806 | $2,496 | $16,754 | |
$9,477 | $0 | $3,060 | $0 | $2,232 | $14,769 | |
$9,479 | $4,868 | $4,375 | $1,550 | $2,071 | $22,343 | |
$9,479 | $4,395 | $4,223 | $1,597 | $2,115 | $21,809 | |
$9,479 | $1,737 | $3,788 | $1,749 | $2,334 | $19,086 | |
$9,479 | -$673 | $3,646 | $1,806 | $2,496 | $16,754 | |
$9,477 | $0 | $3,060 | $0 | $2,232 | $14,769 | |
Totals: | $94,786 | $20,653 | $38,185 | $13,404 | $22,495 | $189,522 |
* 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 $5,000 and a Ideal Target Monthly Income in Retirement™ of $8,000 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
- 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
- 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
- Achieved Financial Independence Goal
- Achieved Financial Independence Goal
- Achieved Ideal Financial Independence Goal
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports