The Real Estate Financial Planner Blueprint™
29 Bend, Oregon Nomad™ Starting with $0
Purchased Bend, Oregon Nomad™ Property - $0 Start 10 Property
Bought in Month 1129
We have a Rule that has you buying the Bend, Oregon 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 1129 after we've adjusted for all the income and expenses for the entire month.
To purchase the Bend, Oregon Nomad™ Property - $0 Start 10 Property, we're assuming you're getting a 5% down payment loan. With a $11,076,352.07 purchase price that means you need to have $553,817.60 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($110,763.52) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $553,817.60 |
Rent Ready Costs | $0 |
Closing Costs | $110,763.52 |
Seller Concessions | $0 |
Total Cost To Close: | $664,581.12 |
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 |
---|---|---|---|---|---|---|
$333,110 | $460,905 | $0 | $0 | $15,448 | $809,463 | |
$333,110 | $471,142 | $0 | $0 | $15,539 | $819,791 | |
$333,110 | $460,905 | $0 | $0 | $15,448 | $809,463 | |
$333,110 | $456,572 | $0 | $0 | $15,409 | $805,091 | |
$333,110 | $456,572 | $0 | $0 | $15,409 | $805,091 | |
$333,110 | $471,142 | $0 | $0 | $15,539 | $819,791 | |
$333,110 | $472,619 | $0 | $0 | $15,552 | $821,281 | |
$333,110 | $456,572 | $0 | $28,222 | $15,409 | $833,313 | |
$333,110 | -$197,438 | $144,121 | $57,511 | $69,156 | $406,460 | |
$333,043 | $0 | $107,518 | $0 | $75,326 | $515,887 | |
Totals: | $3,331,033 | $3,508,992 | $251,639 | $85,732 | $268,235 | $7,445,632 |
* 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