The Real Estate Financial Planner Blueprint™
29 Gainesville, Florida Nomad™ Starting with $0
Purchased Gainesville, Florida Nomad™ Property - $0 Start 8 Property
Bought in Month 266
We have a Rule that has you buying the Gainesville, Florida Nomad™ Property - $0 Start 8 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 266 after we've adjusted for all the income and expenses for the entire month.
To purchase the Gainesville, Florida Nomad™ Property - $0 Start 8 Property, we're assuming you're getting a 5% down payment loan. With a $501,609.14 purchase price that means you need to have $25,080.46 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($5,016.09) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $25,080.46 |
Rent Ready Costs | $0 |
Closing Costs | $5,016.09 |
Seller Concessions | $0 |
Total Cost To Close: | $30,096.55 |
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 |
---|---|---|---|---|---|---|
$15,085 | $11,289 | $9,907 | $1,836 | $3,270 | $41,387 | |
$15,085 | $10,594 | $9,535 | $1,896 | $3,325 | $40,435 | |
$15,085 | $9,245 | $8,578 | $2,071 | $3,495 | $38,475 | |
$15,085 | $6,031 | $7,582 | $2,297 | $3,701 | $34,696 | |
$15,085 | $3,332 | $6,922 | $2,479 | $3,865 | $31,683 | |
$15,085 | $1,731 | $6,319 | $2,676 | $4,055 | $29,867 | |
$15,085 | -$5,114 | $5,786 | $2,881 | $4,541 | $23,180 | |
$15,082 | $0 | $4,869 | $0 | $4,089 | $24,040 | |
$15,085 | $11,289 | $9,907 | $1,836 | $3,270 | $41,387 | |
$15,085 | $10,594 | $9,535 | $1,896 | $3,325 | $40,435 | |
$15,085 | $9,245 | $8,578 | $2,071 | $3,495 | $38,475 | |
$15,085 | $6,031 | $7,582 | $2,297 | $3,701 | $34,696 | |
$15,085 | $3,332 | $6,922 | $2,479 | $3,865 | $31,683 | |
$15,085 | $1,731 | $6,319 | $2,676 | $4,055 | $29,867 | |
$15,085 | -$5,114 | $5,786 | $2,881 | $4,541 | $23,180 | |
$15,082 | $0 | $4,869 | $0 | $4,089 | $24,040 | |
Totals: | $241,360 | $74,217 | $118,997 | $32,272 | $60,681 | $527,527 |
* 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