The Real Estate Financial Planner Blueprint™
29 Gainesville, Florida Nomad™ Starting with $0
Purchased Gainesville, Florida Nomad™ Property - $0 Start 7 Property
Bought in Month 236
We have a Rule that has you buying the Gainesville, Florida Nomad™ Property - $0 Start 7 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 236 after we've adjusted for all the income and expenses for the entire month.
To purchase the Gainesville, Florida Nomad™ Property - $0 Start 7 Property, we're assuming you're getting a 5% down payment loan. With a $465,878.19 purchase price that means you need to have $23,293.91 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($4,658.78) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $23,293.91 |
Rent Ready Costs | $0 |
Closing Costs | $4,658.78 |
Seller Concessions | $0 |
Total Cost To Close: | $27,952.69 |
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 |
---|---|---|---|---|---|---|
$14,011 | $8,965 | $8,425 | $1,836 | $3,159 | $36,395 | |
$14,011 | $8,269 | $8,109 | $1,896 | $3,214 | $35,499 | |
$14,011 | $6,871 | $7,295 | $2,071 | $3,384 | $33,631 | |
$14,011 | $3,699 | $6,448 | $2,297 | $3,590 | $30,044 | |
$14,011 | $1,040 | $5,886 | $2,479 | $3,755 | $27,171 | |
$14,011 | -$4,103 | $5,374 | $2,676 | $4,223 | $22,181 | |
$14,008 | $0 | $4,522 | $0 | $3,805 | $22,336 | |
$14,011 | $8,965 | $8,425 | $1,836 | $3,159 | $36,395 | |
$14,011 | $8,269 | $8,109 | $1,896 | $3,214 | $35,499 | |
$14,011 | $6,871 | $7,295 | $2,071 | $3,384 | $33,631 | |
$14,011 | $3,699 | $6,448 | $2,297 | $3,590 | $30,044 | |
$14,011 | $1,040 | $5,886 | $2,479 | $3,755 | $27,171 | |
$14,011 | -$4,103 | $5,374 | $2,676 | $4,223 | $22,181 | |
$14,008 | $0 | $4,522 | $0 | $3,805 | $22,336 | |
Totals: | $196,146 | $49,480 | $92,116 | $26,509 | $50,261 | $414,512 |
* 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 $7,000 and a Ideal Target Monthly Income in Retirement™ of $11,000 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
- 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
- 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
- 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
- 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
- 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
- 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports