The Real Estate Financial Planner Blueprint™
10 5% DP Nomad Properties House Hacking with 2 Roommates

Purchased Typical Family Home 5% DP Upfront PMI 1 Property
Bought in Month 1

We have a Rule that has you buying the Typical Family Home 5% DP Upfront PMI 1 Property when your Account balance in the VTSMX with CAGR of 8.97% over 1871-2017 Account reaches $10,000. The following is a chart showing the balance of VTSMX with CAGR of 8.97% over 1871-2017 Account from the start of the Scenario to Month 1 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical Family Home 5% DP Upfront PMI 1 Property, we're assuming you're getting a 5% down payment loan. With a $300,000 purchase price that means you need to have $15,000 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($8,550) minus any seller concessions ($0).

Description Amount
Down Payment $15,000
Rent Ready Costs $0
Closing Costs $8,550
Seller Concessions $0
Total Cost To Close: $23,550

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
Typical Family Home 5% DP Upfront PMI 1* $9,020 $0 $3,760 $0 $1,643 $14,424
Totals: $9,020 $0 $3,760 $0 $1,643 $14,424
* 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.

Copy Scenario into my Real Estate Financial Planner™ Software Account

Blueprint™ Menu of Sections

Reports