The Real Estate Financial Planner Blueprint™
SS 005 Investing $100,000 in Stocks at 8.97%/yr and Earning and Spending $5,000/mo and Buy 2 Nomad™ Properties
Purchased 4/2 SFH - 5% DP Lender-Paid PMI 1 Property
Bought in Month 1
We have a Rule that has you buying the 4/2 SFH - 5% DP Lender-Paid PMI 1 Property even if your Account balance in the $100,000 Invested in VTSMX at 8.97%/year Account has zero dollars. The following is a chart showing the balance of $100,000 Invested in VTSMX at 8.97%/year Account from the start of the Scenario to Month 1 after we've adjusted for all the income and expenses for the entire month.
To purchase the 4/2 SFH - 5% DP Lender-Paid PMI 1 Property, we're assuming you're getting a 5% down payment loan. With a $300,000 purchase price that means you need to have $15,000 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($3,000) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $15,000 |
Rent Ready Costs | $0 |
Closing Costs | $3,000 |
Seller Concessions | $0 |
Total Cost To Close: | $18,000 |
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 |
---|---|---|---|---|---|---|
$9,020 | $0 | $4,694 | $0 | $1,482 | $15,196 | |
Totals: | $9,020 | $0 | $4,694 | $0 | $1,482 | $15,196 |
* 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.
Copy Scenario into my Real Estate Financial Planner™ Software AccountBlueprint™ 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
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Final Month Summary
Reports