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 9 Property
Bought in Month 434

We have a Rule that has you buying the Nomad™ by Proxy Rental Property 9 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 434 after we've adjusted for all the income and expenses for the entire month.

To purchase the Nomad™ by Proxy Rental Property 9 Property, we're assuming you're getting a 5% down payment loan. With a $1,089,534.85 purchase price that means you need to have $54,476.74 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($10,895.35) minus any seller concessions ($0).

Description Amount
Down Payment $54,476.74
Rent Ready Costs $0
Closing Costs $10,895.35
Seller Concessions $0
Total Cost To Close: $65,372.09

The monthly rent on this Property is $7,554.11 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 $32,767 $67,953 $0 $0 $1,721 $102,440
Nomad™ by Proxy Rental Property 2 $32,767 $66,576 $0 $0 $1,708 $101,051
Nomad™ by Proxy Rental Property 3 $32,767 $36,009 $26,919 $2,775 $4,329 $102,799
Nomad™ by Proxy Rental Property 4 $32,767 $30,843 $24,845 $3,047 $4,567 $96,069
Nomad™ by Proxy Rental Property 5 $32,767 $27,529 $23,028 $3,330 $4,832 $91,486
Nomad™ by Proxy Rental Property 6 $32,767 $25,151 $21,892 $3,533 $5,022 $88,364
Nomad™ by Proxy Rental Property 7 $32,767 $22,628 $20,811 $3,748 $5,224 $85,177
Nomad™ by Proxy Rental Property 8 $32,767 $19,952 $19,783 $3,976 $5,438 $81,916
Nomad™ by Proxy Rental Property 9 $32,760 -$1,865 $12,752 $6,014 $7,184 $56,844
Totals: $294,893 $294,776 $150,030 $26,422 $40,025 $806,146

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™.

Copy Scenario into my Real Estate Financial Planner™ Software Account

Blueprint™ Menu of Sections

Reports