The Real Estate Financial Planner Blueprint™
29 Gainesville, Florida Nomad™ Starting with $0
Purchased Gainesville, Florida Nomad™ Property - $0 Start 10 Property
Bought in Month 315
We have a Rule that has you buying the Gainesville, Florida Nomad™ Property - $0 Start 10 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 315 after we've adjusted for all the income and expenses for the entire month.
To purchase the Gainesville, Florida Nomad™ Property - $0 Start 10 Property, we're assuming you're getting a 5% down payment loan. With a $565,957.87 purchase price that means you need to have $28,297.89 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($5,659.58) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $28,297.89 |
Rent Ready Costs | $0 |
Closing Costs | $5,659.58 |
Seller Concessions | $0 |
Total Cost To Close: | $33,957.47 |
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 |
---|---|---|---|---|---|---|
$17,021 | $15,483 | $12,909 | $1,836 | $3,470 | $50,718 | |
$17,021 | $14,787 | $12,425 | $1,896 | $3,525 | $49,653 | |
$17,021 | $13,528 | $11,177 | $2,071 | $3,696 | $47,493 | |
$17,021 | $10,239 | $9,880 | $2,297 | $3,901 | $43,338 | |
$17,021 | $7,466 | $9,019 | $2,479 | $4,065 | $40,050 | |
$17,021 | $5,955 | $8,234 | $2,676 | $4,255 | $38,140 | |
$17,021 | $2,783 | $7,539 | $2,881 | $4,439 | $34,663 | |
$17,021 | $208 | $6,903 | $3,102 | $4,645 | $31,879 | |
$17,021 | -$6,161 | $6,433 | $3,291 | $5,166 | $25,750 | |
$17,017 | $0 | $5,494 | $0 | $4,616 | $27,127 | |
$17,021 | $15,483 | $12,909 | $1,836 | $3,470 | $50,718 | |
$17,021 | $14,787 | $12,425 | $1,896 | $3,525 | $49,653 | |
$17,021 | $13,528 | $11,177 | $2,071 | $3,696 | $47,493 | |
$17,021 | $10,239 | $9,880 | $2,297 | $3,901 | $43,338 | |
$17,021 | $7,466 | $9,019 | $2,479 | $4,065 | $40,050 | |
$17,021 | $5,955 | $8,234 | $2,676 | $4,255 | $38,140 | |
$17,021 | $2,783 | $7,539 | $2,881 | $4,439 | $34,663 | |
$17,021 | $208 | $6,903 | $3,102 | $4,645 | $31,879 | |
$17,021 | -$6,161 | $6,433 | $3,291 | $5,166 | $25,750 | |
$17,017 | $0 | $5,494 | $0 | $4,616 | $27,127 | |
Totals: | $340,405 | $128,573 | $180,027 | $45,059 | $83,558 | $777,622 |
* 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