The Real Estate Financial Planner Blueprint™
29 Casper, Wyoming Nomad™ Starting with $0
Purchased Casper, Wyoming Nomad™ Property - $0 Start 7 Property
Bought in Month 734
We have a Rule that has you buying the Casper, Wyoming Nomad™ Property - $0 Start 7 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 734 after we've adjusted for all the income and expenses for the entire month.
To purchase the Casper, Wyoming Nomad™ Property - $0 Start 7 Property, we're assuming you're getting a 5% down payment loan. With a $1,445,858.54 purchase price that means you need to have $72,292.93 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($14,458.59) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $72,292.93 |
Rent Ready Costs | $0 |
Closing Costs | $14,458.59 |
Seller Concessions | $0 |
Total Cost To Close: | $86,751.51 |
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 |
---|---|---|---|---|---|---|
$43,483 | $80,216 | $0 | $0 | $3,032 | $126,730 | |
$43,483 | $77,629 | $0 | $0 | $3,009 | $124,121 | |
$43,483 | $77,629 | $0 | $0 | $3,009 | $124,121 | |
$43,483 | $77,629 | $0 | $0 | $3,009 | $124,121 | |
$43,483 | $77,629 | $0 | $3,684 | $3,009 | $127,805 | |
$43,483 | $29,320 | $38,199 | $4,146 | $6,874 | $122,022 | |
$43,474 | $0 | $14,035 | $0 | $10,583 | $68,092 | |
Totals: | $304,370 | $420,052 | $52,234 | $7,830 | $32,526 | $817,012 |
* 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
- 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
- Achieved 2 X Ideal Financial Independence Goal
- 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports