The Real Estate Financial Planner Blueprint™
29 Louisville, Kentucky Nomad™ Starting with $0
Purchased Louisville, Kentucky Nomad™ Property - $0 Start 9 Property
Bought in Month 638
We have a Rule that has you buying the Louisville, Kentucky 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 638 after we've adjusted for all the income and expenses for the entire month.
To purchase the Louisville, Kentucky Nomad™ Property - $0 Start 9 Property, we're assuming you're getting a 5% down payment loan. With a $990,420.88 purchase price that means you need to have $49,521.04 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($9,904.21) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $49,521.04 |
Rent Ready Costs | $0 |
Closing Costs | $9,904.21 |
Seller Concessions | $0 |
Total Cost To Close: | $59,425.25 |
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 |
---|---|---|---|---|---|---|
$29,786 | $52,978 | $0 | $0 | $2,282 | $85,046 | |
$29,786 | $52,797 | $0 | $0 | $2,280 | $84,864 | |
$29,786 | $52,259 | $0 | $0 | $2,276 | $84,320 | |
$29,786 | $52,259 | $0 | $0 | $2,276 | $84,320 | |
$29,786 | $52,259 | $0 | $2,523 | $2,276 | $86,844 | |
$29,786 | $18,353 | $25,260 | $2,925 | $5,004 | $81,328 | |
$29,786 | $13,802 | $21,872 | $3,301 | $5,352 | $74,112 | |
$29,786 | $10,339 | $19,734 | $3,598 | $5,629 | $69,086 | |
$29,780 | $0 | $9,614 | $0 | $7,450 | $46,844 | |
Totals: | $268,067 | $305,046 | $76,480 | $12,348 | $34,824 | $696,764 |
* 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 $5,000 and a Ideal Target Monthly Income in Retirement™ of $8,000 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
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- 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
- Paid Off Mortgage
- Final Month Summary
Reports