The Real Estate Financial Planner Blueprint™
29 Newport News, Virginia Nomad™ Starting with $0
Purchased Newport News, Virginia Nomad™ Property - $0 Start 8 Property
Bought in Month 192
We have a Rule that has you buying the Newport News, Virginia Nomad™ Property - $0 Start 8 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 192 after we've adjusted for all the income and expenses for the entire month.
To purchase the Newport News, Virginia Nomad™ Property - $0 Start 8 Property, we're assuming you're getting a 5% down payment loan. With a $363,593.09 purchase price that means you need to have $18,179.65 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($3,635.93) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $18,179.65 |
Rent Ready Costs | $0 |
Closing Costs | $3,635.93 |
Seller Concessions | $0 |
Total Cost To Close: | $21,815.59 |
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 |
---|---|---|---|---|---|---|
$10,935 | $8,392 | $5,985 | $1,550 | $2,167 | $29,028 | |
$10,935 | $7,928 | $5,777 | $1,597 | $2,211 | $28,448 | |
$10,935 | $6,232 | $5,182 | $1,749 | $2,354 | $26,452 | |
$10,935 | $5,176 | $4,988 | $1,806 | $2,403 | $25,308 | |
$10,935 | $3,979 | $4,554 | $1,949 | $2,541 | $23,957 | |
$10,935 | $482 | $4,319 | $2,038 | $2,779 | $20,552 | |
$10,935 | -$590 | $4,096 | $2,130 | $2,935 | $19,506 | |
$10,932 | $0 | $3,529 | $0 | $2,577 | $17,039 | |
$10,935 | $8,392 | $5,985 | $1,550 | $2,167 | $29,028 | |
$10,935 | $7,928 | $5,777 | $1,597 | $2,211 | $28,448 | |
$10,935 | $6,232 | $5,182 | $1,749 | $2,354 | $26,452 | |
$10,935 | $5,176 | $4,988 | $1,806 | $2,403 | $25,308 | |
$10,935 | $3,979 | $4,554 | $1,949 | $2,541 | $23,957 | |
$10,935 | $482 | $4,319 | $2,038 | $2,779 | $20,552 | |
$10,935 | -$590 | $4,096 | $2,130 | $2,935 | $19,506 | |
$10,932 | $0 | $3,529 | $0 | $2,577 | $17,039 | |
Totals: | $174,951 | $63,198 | $76,861 | $25,638 | $39,934 | $380,581 |
* 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