The Real Estate Financial Planner Blueprint™
19 Buy 10 Nomads™ with .5 Better Mortgage Interest Rate

Purchased Typical San Bernardino, California Nomad™ Property with .5 Lower Interest Rate 9 Property
Bought in Month 401

We have a Rule that has you buying the Typical San Bernardino, California Nomad™ Property with .5 Lower Interest Rate 9 Property even if your Account balance in the All-In-One Account Earning 7%/year Account has zero dollars. The following is a chart showing the balance of All-In-One Account Earning 7%/year Account from the start of the Scenario to Month 401 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical San Bernardino, California Nomad™ Property with .5 Lower Interest Rate 9 Property, we're assuming you're getting a 5% down payment loan. With a $1,098,637.56 purchase price that means you need to have $54,931.88 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($10,986.38) minus any seller concessions ($0).

Description Amount
Down Payment $54,931.88
Rent Ready Costs $0
Closing Costs $10,986.38
Seller Concessions $0
Total Cost To Close: $65,918.25

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
Typical San Bernardino, California Nomad™ Property with .5 Lower Interest Rate 1 $33,040 $61,703 $0 $2,799 $1,578 $99,121
Typical San Bernardino, California Nomad™ Property with .5 Lower Interest Rate 2 $33,040 $27,150 $28,103 $3,143 $4,359 $95,795
Typical San Bernardino, California Nomad™ Property with .5 Lower Interest Rate 3 $33,040 $20,978 $24,093 $3,652 $4,804 $86,567
Typical San Bernardino, California Nomad™ Property with .5 Lower Interest Rate 4 $33,040 $14,893 $20,864 $4,203 $5,291 $78,291
Typical San Bernardino, California Nomad™ Property with .5 Lower Interest Rate 5 $33,040 $11,066 $18,483 $4,730 $5,775 $73,095
Typical San Bernardino, California Nomad™ Property with .5 Lower Interest Rate 6 $33,040 $4,465 $16,415 $5,311 $6,287 $65,519
Typical San Bernardino, California Nomad™ Property with .5 Lower Interest Rate 7 $33,040 -$2,923 $14,579 $5,963 $6,862 $57,521
Typical San Bernardino, California Nomad™ Property with .5 Lower Interest Rate 8 $33,040 -$18,437 $13,346 $6,500 $8,006 $42,454
Typical San Bernardino, California Nomad™ Property with .5 Lower Interest Rate 9* $33,034 $0 $11,719 $0 $7,089 $51,842
Totals: $297,357 $118,894 $147,601 $36,302 $50,052 $650,205
* 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 $8,000 and a Ideal Target Monthly Income in Retirement™ of $12,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

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