The Real Estate Financial Planner Blueprint™
29 Newport News, Virginia Nomad™ Starting with $0
Purchased Newport News, Virginia Nomad™ Property - $0 Start 6 Property
Bought in Month 152
We have a Rule that has you buying the Newport News, Virginia 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 152 after we've adjusted for all the income and expenses for the entire month.
To purchase the Newport News, Virginia Nomad™ Property - $0 Start 6 Property, we're assuming you're getting a 5% down payment loan. With a $329,476.83 purchase price that means you need to have $16,473.84 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($3,294.77) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $16,473.84 |
Rent Ready Costs | $0 |
Closing Costs | $3,294.77 |
Seller Concessions | $0 |
Total Cost To Close: | $19,768.61 |
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 |
---|---|---|---|---|---|---|
$9,909 | $5,911 | $4,822 | $1,550 | $2,099 | $24,291 | |
$9,909 | $5,440 | $4,655 | $1,597 | $2,143 | $23,744 | |
$9,909 | $3,737 | $4,175 | $1,749 | $2,286 | $21,855 | |
$9,909 | $2,718 | $4,019 | $1,806 | $2,336 | $20,787 | |
$9,909 | -$1,070 | $3,669 | $1,949 | $2,677 | $17,134 | |
$9,907 | $0 | $3,198 | $0 | $2,336 | $15,441 | |
$9,909 | $5,911 | $4,822 | $1,550 | $2,099 | $24,291 | |
$9,909 | $5,440 | $4,655 | $1,597 | $2,143 | $23,744 | |
$9,909 | $3,737 | $4,175 | $1,749 | $2,286 | $21,855 | |
$9,909 | $2,718 | $4,019 | $1,806 | $2,336 | $20,787 | |
$9,909 | -$1,070 | $3,669 | $1,949 | $2,677 | $17,134 | |
$9,907 | $0 | $3,198 | $0 | $2,336 | $15,441 | |
Totals: | $118,900 | $33,470 | $49,074 | $17,302 | $27,755 | $246,502 |
* 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