The Real Estate Financial Planner Blueprint™
29 Eugene, Oregon Nomad™ Starting with $0
Purchased Eugene, Oregon Nomad™ Property - $0 Start 8 Property
Bought in Month 895
We have a Rule that has you buying the Eugene, Oregon Nomad™ Property - $0 Start 8 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 895 after we've adjusted for all the income and expenses for the entire month.
To purchase the Eugene, Oregon Nomad™ Property - $0 Start 8 Property, we're assuming you're getting a 5% down payment loan. With a $3,873,242.32 purchase price that means you need to have $193,662.12 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($38,732.42) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $193,662.12 |
Rent Ready Costs | $0 |
Closing Costs | $38,732.42 |
Seller Concessions | $0 |
Total Cost To Close: | $232,394.54 |
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 |
---|---|---|---|---|---|---|
$116,484 | $183,825 | $0 | $0 | $6,836 | $307,145 | |
$116,484 | $180,270 | $0 | $0 | $6,804 | $303,558 | |
$116,484 | $186,828 | $0 | $0 | $6,862 | $310,175 | |
$116,484 | $180,270 | $0 | $0 | $6,804 | $303,558 | |
$116,484 | $183,229 | $0 | $0 | $6,830 | $306,543 | |
$116,484 | $183,825 | $0 | $9,869 | $6,836 | $317,013 | |
$116,484 | $53,497 | $102,028 | $11,135 | $17,209 | $300,353 | |
$116,460 | $0 | $37,598 | $0 | $27,475 | $181,533 | |
Totals: | $931,847 | $1,151,744 | $139,625 | $21,004 | $85,657 | $2,329,877 |
* 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 $9,000 and a Ideal Target Monthly Income in Retirement™ of $14,000 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- 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
- 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
- Final Month Summary
Reports