The Real Estate Financial Planner Blueprint™
29 Bend, Oregon Nomad™ Starting with $0
Purchased Bend, Oregon Nomad™ Property - $0 Start 4 Property
Bought in Month 473
We have a Rule that has you buying the Bend, Oregon Nomad™ Property - $0 Start 4 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 473 after we've adjusted for all the income and expenses for the entire month.
To purchase the Bend, Oregon Nomad™ Property - $0 Start 4 Property, we're assuming you're getting a 5% down payment loan. With a $2,201,042.70 purchase price that means you need to have $110,052.14 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($22,010.43) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $110,052.14 |
Rent Ready Costs | $0 |
Closing Costs | $22,010.43 |
Seller Concessions | $0 |
Total Cost To Close: | $132,062.56 |
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 |
---|---|---|---|---|---|---|
$66,194 | $91,593 | $0 | $5,608 | $3,070 | $166,466 | |
$66,194 | $3,182 | $45,430 | $7,763 | $10,324 | $132,892 | |
$66,194 | -$39,604 | $29,149 | $11,261 | $13,566 | $80,565 | |
$66,181 | $0 | $21,365 | $0 | $14,975 | $102,521 | |
Totals: | $264,763 | $55,171 | $95,944 | $24,632 | $41,934 | $482,444 |
* 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 $14,000 and a Ideal Target Monthly Income in Retirement™ of $21,000 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
- 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
- Paid Off Mortgage
- 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
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports