The Real Estate Financial Planner Blueprint™
29 Lincoln, Nebraska Nomad™ Starting with $0
Purchased Lincoln, Nebraska Nomad™ Property - $0 Start 7 Property
Bought in Month 406
We have a Rule that has you buying the Lincoln, Nebraska 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 406 after we've adjusted for all the income and expenses for the entire month.
To purchase the Lincoln, Nebraska Nomad™ Property - $0 Start 7 Property, we're assuming you're getting a 5% down payment loan. With a $610,153.14 purchase price that means you need to have $30,507.66 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($6,101.53) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $30,507.66 |
Rent Ready Costs | $0 |
Closing Costs | $6,101.53 |
Seller Concessions | $0 |
Total Cost To Close: | $36,609.19 |
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 |
---|---|---|---|---|---|---|
$18,350 | $33,282 | $0 | $1,555 | $2,243 | $55,429 | |
$18,350 | $14,082 | $16,072 | $1,754 | $3,889 | $54,147 | |
$18,350 | $9,292 | $12,668 | $2,141 | $4,247 | $46,698 | |
$18,350 | $4,735 | $10,313 | $2,544 | $4,624 | $40,566 | |
$18,350 | -$623 | $8,620 | $2,957 | $5,004 | $34,308 | |
$18,350 | -$6,965 | $7,312 | $3,394 | $5,597 | $27,688 | |
$18,346 | $0 | $5,923 | $0 | $5,342 | $29,610 | |
Totals: | $128,444 | $53,803 | $60,907 | $14,346 | $30,946 | $288,446 |
* 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 $6,000 and a Ideal Target Monthly Income in Retirement™ of $9,000 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
- 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
- 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
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports