The Real Estate Financial Planner Blueprint™
Ep 16 Norm and Norma - Buy 10 Nomad™ by Proxy Properties with 5% Down

Purchased Nomad™ by Proxy Rental Property 1 Property
Bought in Month 33

We have a Rule that has you buying the Nomad™ by Proxy Rental Property 1 Property even if your Account balance in the All-In-One Account Account has zero dollars. The following is a chart showing the balance of All-In-One Account Account from the start of the Scenario to Month 33 after we've adjusted for all the income and expenses for the entire month.

To purchase the Nomad™ by Proxy Rental Property 1 Property, we're assuming you're getting a 5% down payment loan. With a $405,754.99 purchase price that means you need to have $20,287.75 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($4,057.55) minus any seller concessions ($0).

Description Amount
Down Payment $20,287.75
Rent Ready Costs $0
Closing Costs $4,057.55
Seller Concessions $0
Total Cost To Close: $24,345.30

The monthly rent on this Property is $2,813.23 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Nomad™ by Proxy Rental Property 1 $12,200 -$213 $4,749 $2,240 $2,683 $21,659
Totals: $12,200 -$213 $4,749 $2,240 $2,683 $21,659

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 $10,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

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