The Real Estate Financial Planner Blueprint™
20 Buy 10 Nomads™ with .25 Better Mortgage Interest Rate

Purchased Typical San Mateo, California Nomad™ Property with .25 Lower Interest Rate 10 Property
Bought in Month 961

We have a Rule that has you buying the Typical San Mateo, California Nomad™ Property with .25 Lower Interest Rate 10 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 961 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical San Mateo, California Nomad™ Property with .25 Lower Interest Rate 10 Property, we're assuming you're getting a 5% down payment loan. With a $14,269,051.16 purchase price that means you need to have $713,452.56 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($142,690.51) minus any seller concessions ($0).

Description Amount
Down Payment $713,452.56
Rent Ready Costs $0
Closing Costs $142,690.51
Seller Concessions $0
Total Cost To Close: $856,143.07

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 Mateo, California Nomad™ Property with .25 Lower Interest Rate 1 $429,127 $637,249 $0 $0 $17,235 $1,083,611
Typical San Mateo, California Nomad™ Property with .25 Lower Interest Rate 2 $429,127 $642,941 $0 $0 $17,286 $1,089,354
Typical San Mateo, California Nomad™ Property with .25 Lower Interest Rate 3 $429,127 $631,599 $0 $0 $17,185 $1,077,911
Typical San Mateo, California Nomad™ Property with .25 Lower Interest Rate 4 $429,127 $639,141 $0 $0 $17,252 $1,085,521
Typical San Mateo, California Nomad™ Property with .25 Lower Interest Rate 5 $429,127 $652,521 $0 $0 $17,371 $1,099,020
Typical San Mateo, California Nomad™ Property with .25 Lower Interest Rate 6 $429,127 $652,521 $0 $36,357 $17,371 $1,135,376
Typical San Mateo, California Nomad™ Property with .25 Lower Interest Rate 7 $429,127 $167,176 $370,548 $40,920 $54,339 $1,062,109
Typical San Mateo, California Nomad™ Property with .25 Lower Interest Rate 8 $429,127 $118,940 $324,126 $46,169 $59,206 $977,568
Typical San Mateo, California Nomad™ Property with .25 Lower Interest Rate 9 $429,127 $71,406 $288,994 $51,201 $63,860 $904,589
Typical San Mateo, California Nomad™ Property with .25 Lower Interest Rate 10* $429,040 $0 $145,225 $0 $92,335 $666,601
Totals: $4,291,186 $4,213,493 $1,128,894 $174,647 $373,441 $10,181,661
* 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 $27,000 and a Ideal Target Monthly Income in Retirement™ of $41,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

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