The Real Estate Financial Planner Blueprint™
29 Boise, Idaho Nomad™ Starting with $0
Purchased Boise, Idaho Nomad™ Property - $0 Start 5 Property
Bought in Month 443
We have a Rule that has you buying the Boise, Idaho Nomad™ Property - $0 Start 5 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 443 after we've adjusted for all the income and expenses for the entire month.
To purchase the Boise, Idaho Nomad™ Property - $0 Start 5 Property, we're assuming you're getting a 5% down payment loan. With a $1,443,589.33 purchase price that means you need to have $72,179.47 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($14,435.89) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $72,179.47 |
Rent Ready Costs | $0 |
Closing Costs | $14,435.89 |
Seller Concessions | $0 |
Total Cost To Close: | $86,615.36 |
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 |
---|---|---|---|---|---|---|
$43,414 | $71,061 | $0 | $3,678 | $2,179 | $120,333 | |
$43,414 | $17,057 | $34,310 | $4,524 | $6,384 | $105,690 | |
$43,414 | -$672 | $24,543 | $5,990 | $7,745 | $81,021 | |
$43,414 | -$16,699 | $18,673 | $7,532 | $9,200 | $62,121 | |
$43,406 | $0 | $14,013 | $0 | $9,883 | $67,302 | |
Totals: | $217,064 | $70,748 | $91,539 | $21,724 | $35,392 | $436,467 |
* 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 $10,000 and a Ideal Target Monthly Income in Retirement™ of $15,000 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
- Paid Off Mortgage
- 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
- Paid Off Mortgage
- 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
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports