The Real Estate Financial Planner Blueprint™
29 Newport News, Virginia Nomad™ Starting with $0
Purchased Newport News, Virginia Nomad™ Property - $0 Start 9 Property
Bought in Month 206
We have a Rule that has you buying the Newport News, Virginia 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 206 after we've adjusted for all the income and expenses for the entire month.
To purchase the Newport News, Virginia Nomad™ Property - $0 Start 9 Property, we're assuming you're getting a 5% down payment loan. With a $376,350.40 purchase price that means you need to have $18,817.52 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($3,763.50) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $18,817.52 |
Rent Ready Costs | $0 |
Closing Costs | $3,763.50 |
Seller Concessions | $0 |
Total Cost To Close: | $22,581.02 |
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 |
---|---|---|---|---|---|---|
$11,318 | $9,318 | $6,455 | $1,550 | $2,192 | $30,834 | |
$11,318 | $8,858 | $6,231 | $1,597 | $2,236 | $30,240 | |
$11,318 | $7,164 | $5,589 | $1,749 | $2,379 | $28,200 | |
$11,318 | $6,095 | $5,380 | $1,806 | $2,429 | $27,027 | |
$11,318 | $4,913 | $4,911 | $1,949 | $2,566 | $25,659 | |
$11,318 | $3,395 | $4,658 | $2,038 | $2,645 | $24,054 | |
$11,318 | $356 | $4,418 | $2,130 | $2,960 | $21,183 | |
$11,318 | -$1,999 | $4,142 | $2,249 | $3,076 | $18,786 | |
$11,316 | $0 | $3,653 | $0 | $2,665 | $17,634 | |
$11,318 | $9,318 | $6,455 | $1,550 | $2,192 | $30,834 | |
$11,318 | $8,858 | $6,231 | $1,597 | $2,236 | $30,240 | |
$11,318 | $7,164 | $5,589 | $1,749 | $2,379 | $28,200 | |
$11,318 | $6,095 | $5,380 | $1,806 | $2,429 | $27,027 | |
$11,318 | $4,913 | $4,911 | $1,949 | $2,566 | $25,659 | |
$11,318 | $3,395 | $4,658 | $2,038 | $2,645 | $24,054 | |
$11,318 | $356 | $4,418 | $2,130 | $2,960 | $21,183 | |
$11,318 | -$1,999 | $4,142 | $2,249 | $3,076 | $18,786 | |
$11,316 | $0 | $3,653 | $0 | $2,665 | $17,634 | |
Totals: | $203,726 | $76,200 | $90,876 | $30,135 | $46,298 | $447,235 |
* 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