The Real Estate Financial Planner Blueprint™
24 Sell Some Rentals to Pay Off Other Rentals if FI While Nomading™

Achieved Financial Independence
First achieved in Month 1042

The following  Goal chart shows our progress toward achieving this goal of financial independence.

Financial independence is typically a combination of the Safe Withdrawl Rate for the  Scenario from the  Account and the cash flow from  Properties.

We typically think of hitting our Target Monthly Income in Retirement of $34,000 in today's inflation-adjusted dollars, let's look at the Total True Cash Flow and Account Balances in inflation-adjusted values.

The following chart shows the total of all Account Balances for the  Scenario.

The following charts show Total True Cash Flow™ all rental properties. Let's start with the sum.

Next, let's look at the Total True Cash Flow™ for each rental properties (graphically summed/stacked).

And, here's the Total True Cash Flow™ for each rental properties individually just for the month when we first achieve financial independence, Month 1042.

Return in Dollars + Reserves

Here's the return in dollars + reserves for the  Properties owned.

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Typical Santa Barbara, California Nomad™ Property 1 $664,866 $780,546 $0 $0 $22,364 $1,467,776
Typical Santa Barbara, California Nomad™ Property 2 $664,866 $768,867 $0 $0 $22,260 $1,455,994
Typical Santa Barbara, California Nomad™ Property 3 $664,866 $759,627 $0 $41,096 $22,178 $1,487,768
Typical Santa Barbara, California Nomad™ Property 4 $664,866 $761,929 $0 $63,399 $22,199 $1,512,392
Typical Santa Barbara, California Nomad™ Property 5 $664,866 $755,041 $0 $75,888 $22,137 $1,517,933
Typical Santa Barbara, California Nomad™ Property 7 $664,866 $766,549 $0 $108,733 $22,240 $1,562,387
Typical Santa Barbara, California Nomad™ Property 8 $664,866 $755,041 $0 $111,995 $22,137 $1,554,040
Typical Santa Barbara, California Nomad™ Property 9* $664,866 $0 $243,290 $0 $150,800 $1,058,956
Totals: $5,318,931 $5,347,600 $243,290 $401,110 $306,315 $11,617,246
* Denotes a property that had no rent for at least part of the period covered.

Return on Equity + Reserves

Here's the return on equity + reserves for the  Properties owned that have rent. We are specifically excluding owner-occupied property here.

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% ROE+R12™ Total
Typical Santa Barbara, California Nomad™ Property 1 2.92% 3.43% — — 0.10% 6.45%
Typical Santa Barbara, California Nomad™ Property 2 2.92% 3.38% — — 0.10% 6.40%
Typical Santa Barbara, California Nomad™ Property 3 2.92% 3.34% — 0.18% 0.10% 6.54%
Typical Santa Barbara, California Nomad™ Property 4 2.92% 3.35% — 0.28% 0.10% 6.65%
Typical Santa Barbara, California Nomad™ Property 5 2.92% 3.32% — 0.33% 0.10% 6.67%
Typical Santa Barbara, California Nomad™ Property 7 2.92% 3.37% — 0.48% 0.10% 6.87%
Typical Santa Barbara, California Nomad™ Property 8 2.92% 3.32% — 0.49% 0.10% 6.83%
Totals: 2.92% 3.36% — 0.25% 0.10% 6.63%

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 $34,000 and a Ideal Target Monthly Income in Retirement™ of $51,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

Copy Scenario into my Real Estate Financial Planner™ Software Account

Blueprint™ Menu of Sections

Reports