The Real Estate Financial Planner Blueprint™
29 Newport News, Virginia Nomad™ Starting with $0
Purchased Newport News, Virginia Nomad™ Property - $0 Start 10 Property
Bought in Month 219
We have a Rule that has you buying the Newport News, Virginia Nomad™ Property - $0 Start 10 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 219 after we've adjusted for all the income and expenses for the entire month.
To purchase the Newport News, Virginia Nomad™ Property - $0 Start 10 Property, we're assuming you're getting a 5% down payment loan. With a $388,596.94 purchase price that means you need to have $19,429.85 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($3,885.97) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $19,429.85 |
Rent Ready Costs | $0 |
Closing Costs | $3,885.97 |
Seller Concessions | $0 |
Total Cost To Close: | $23,315.82 |
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 |
---|---|---|---|---|---|---|
$11,687 | $10,210 | $6,925 | $1,550 | $2,217 | $32,588 | |
$11,687 | $9,752 | $6,685 | $1,597 | $2,261 | $31,981 | |
$11,687 | $8,061 | $5,996 | $1,749 | $2,404 | $29,897 | |
$11,687 | $6,979 | $5,771 | $1,806 | $2,453 | $28,695 | |
$11,687 | $5,813 | $5,269 | $1,949 | $2,591 | $27,309 | |
$11,687 | $4,279 | $4,997 | $2,038 | $2,669 | $25,669 | |
$11,687 | $4,048 | $4,740 | $2,130 | $2,762 | $25,367 | |
$11,687 | -$1,115 | $4,443 | $2,249 | $3,100 | $20,364 | |
$11,687 | -$2,054 | $4,264 | $2,328 | $3,183 | $19,407 | |
$11,684 | $0 | $3,772 | $0 | $2,753 | $18,209 | |
$11,687 | $10,210 | $6,925 | $1,550 | $2,217 | $32,588 | |
$11,687 | $9,752 | $6,685 | $1,597 | $2,261 | $31,981 | |
$11,687 | $8,061 | $5,996 | $1,749 | $2,404 | $29,897 | |
$11,687 | $6,979 | $5,771 | $1,806 | $2,453 | $28,695 | |
$11,687 | $5,813 | $5,269 | $1,949 | $2,591 | $27,309 | |
$11,687 | $4,279 | $4,997 | $2,038 | $2,669 | $25,669 | |
$11,687 | $4,048 | $4,740 | $2,130 | $2,762 | $25,367 | |
$11,687 | -$1,115 | $4,443 | $2,249 | $3,100 | $20,364 | |
$11,687 | -$2,054 | $4,264 | $2,328 | $3,183 | $19,407 | |
$11,684 | $0 | $3,772 | $0 | $2,753 | $18,209 | |
Totals: | $233,728 | $91,948 | $105,721 | $34,790 | $52,784 | $518,972 |
* 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