The Real Estate Financial Planner Blueprint™
29 Pembroke Pines, Florida Nomad™ Starting with $0

Purchased Pembroke Pines, Florida Nomad™ Property - $0 Start 9 Property
Bought in Month 450

We have a Rule that has you buying the Pembroke Pines, Florida Nomad™ Property - $0 Start 9 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 450 after we've adjusted for all the income and expenses for the entire month.

To purchase the Pembroke Pines, Florida Nomad™ Property - $0 Start 9 Property, we're assuming you're getting a 5% down payment loan. With a $1,398,070.17 purchase price that means you need to have $69,903.51 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($13,980.70) minus any seller concessions ($0).

Description Amount
Down Payment $69,903.51
Rent Ready Costs $0
Closing Costs $13,980.70
Seller Concessions $0
Total Cost To Close: $83,884.21

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
Pembroke Pines, Florida Nomad™ Property - $0 Start 1 $42,046 $81,550 $0 $0 $4,327 $127,922
Pembroke Pines, Florida Nomad™ Property - $0 Start 2 $42,046 $35,886 $39,172 $3,817 $7,874 $128,794
Pembroke Pines, Florida Nomad™ Property - $0 Start 3 $42,046 $30,206 $33,228 $4,381 $8,408 $118,268
Pembroke Pines, Florida Nomad™ Property - $0 Start 4 $42,046 $22,540 $27,612 $5,116 $9,101 $106,415
Pembroke Pines, Florida Nomad™ Property - $0 Start 5 $42,046 $14,863 $23,769 $5,801 $9,742 $96,221
Pembroke Pines, Florida Nomad™ Property - $0 Start 6 $42,046 $2,905 $20,581 $6,546 $10,407 $82,483
Pembroke Pines, Florida Nomad™ Property - $0 Start 7 $42,046 -$4,497 $17,821 $7,385 $11,211 $73,965
Pembroke Pines, Florida Nomad™ Property - $0 Start 8 $42,046 -$26,290 $15,659 $8,231 $12,848 $52,493
Pembroke Pines, Florida Nomad™ Property - $0 Start 9* $42,037 $0 $13,571 $0 $11,478 $67,087
Totals: $378,402 $157,162 $191,412 $41,277 $85,395 $853,647
* 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 $12,000 and a Ideal Target Monthly Income in Retirement™ of $18,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

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