The Real Estate Financial Planner Blueprint™
29 Everett, Washington Nomad™ Starting with $0
Purchased Everett, Washington Nomad™ Property - $0 Start 9 Property
Bought in Month 1136
We have a Rule that has you buying the Everett, Washington 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 1136 after we've adjusted for all the income and expenses for the entire month.
To purchase the Everett, Washington Nomad™ Property - $0 Start 9 Property, we're assuming you're getting a 5% down payment loan. With a $10,314,235.62 purchase price that means you need to have $515,711.78 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($103,142.36) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $515,711.78 |
Rent Ready Costs | $0 |
Closing Costs | $103,142.36 |
Seller Concessions | $0 |
Total Cost To Close: | $618,854.14 |
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 |
---|---|---|---|---|---|---|
$310,190 | $401,036 | $0 | $0 | $14,577 | $725,803 | |
$310,190 | $397,172 | $0 | $0 | $14,542 | $721,904 | |
$310,190 | $393,335 | $0 | $0 | $14,508 | $718,034 | |
$310,190 | $401,036 | $0 | $0 | $14,577 | $725,803 | |
$310,190 | $389,528 | $0 | $0 | $14,474 | $714,192 | |
$310,190 | $397,172 | $0 | $0 | $14,542 | $721,904 | |
$310,190 | $389,528 | $0 | $26,280 | $14,474 | $740,472 | |
$310,190 | $36,930 | $258,455 | $30,919 | $43,362 | $679,856 | |
$310,127 | $0 | $100,120 | $0 | $70,592 | $480,840 | |
Totals: | $2,791,649 | $2,805,737 | $358,575 | $57,199 | $215,648 | $6,228,809 |
* 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