The Real Estate Financial Planner Blueprint™
29 Gresham, Oregon Nomad™ Starting with $0
Purchased Gresham, Oregon Nomad™ Property - $0 Start 3 Property
Bought in Month 435
We have a Rule that has you buying the Gresham, Oregon Nomad™ Property - $0 Start 3 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 435 after we've adjusted for all the income and expenses for the entire month.
To purchase the Gresham, Oregon Nomad™ Property - $0 Start 3 Property, we're assuming you're getting a 5% down payment loan. With a $1,251,584.40 purchase price that means you need to have $62,579.22 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($12,515.84) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $62,579.22 |
Rent Ready Costs | $0 |
Closing Costs | $12,515.84 |
Seller Concessions | $0 |
Total Cost To Close: | $75,095.06 |
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 |
---|---|---|---|---|---|---|
$37,640 | $43,338 | $0 | $3,189 | $2,002 | $86,169 | |
$37,640 | -$15,724 | $22,172 | $5,017 | $6,674 | $55,779 | |
$37,633 | $0 | $12,149 | $0 | $8,813 | $58,595 | |
Totals: | $112,913 | $27,614 | $34,321 | $8,206 | $17,490 | $200,543 |
* 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
- 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports