The Real Estate Financial Planner Blueprint™
29 Everett, Washington Nomad™ Starting with $0
Purchased Everett, Washington Nomad™ Property - $0 Start 7 Property
Bought in Month 776
We have a Rule that has you buying the Everett, Washington Nomad™ Property - $0 Start 7 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 776 after we've adjusted for all the income and expenses for the entire month.
To purchase the Everett, Washington Nomad™ Property - $0 Start 7 Property, we're assuming you're getting a 5% down payment loan. With a $4,249,328.51 purchase price that means you need to have $212,466.43 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($42,493.29) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $212,466.43 |
Rent Ready Costs | $0 |
Closing Costs | $42,493.29 |
Seller Concessions | $0 |
Total Cost To Close: | $254,959.71 |
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 |
---|---|---|---|---|---|---|
$127,794 | $165,222 | $0 | $0 | $6,005 | $299,021 | |
$127,794 | $163,630 | $0 | $0 | $5,991 | $297,415 | |
$127,794 | $162,049 | $0 | $10,827 | $5,977 | $306,647 | |
$127,794 | $6,601 | $98,358 | $13,614 | $18,695 | $265,062 | |
$127,794 | -$43,448 | $72,883 | $17,503 | $22,277 | $197,009 | |
$127,794 | -$89,037 | $56,440 | $21,686 | $26,204 | $143,088 | |
$127,768 | $0 | $41,248 | $0 | $29,083 | $198,100 | |
Totals: | $894,534 | $365,016 | $268,928 | $63,631 | $114,234 | $1,706,343 |
* 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 $13,000 and a Ideal Target Monthly Income in Retirement™ of $20,000 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
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- 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
- Paid Off Mortgage
- 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
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Final Month Summary
Reports