The Real Estate Financial Planner Blueprint™
APPR 10 5% Nomads, Work 10 Years Then Sell Properties for Cash Flow
Purchased Appreciation Nomad 1 Property
Bought in Month 1
We have a Rule that has you buying the Appreciation Nomad 1 Property when your Account balance in the $300K in Savings at 7% Account reaches $10,000. The following is a chart showing the balance of $300K in Savings at 7% 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 Appreciation Nomad 1 Property, we're assuming you're getting a 5% down payment loan. With a $350,000 purchase price that means you need to have $17,500 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($3,500) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $17,500 |
Rent Ready Costs | $0 |
Closing Costs | $3,500 |
Seller Concessions | $0 |
Total Cost To Close: | $21,000 |
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 |
---|---|---|---|---|---|---|
$10,524 | $0 | $5,596 | $0 | $1,824 | $17,943 | |
Totals: | $10,524 | $0 | $5,596 | $0 | $1,824 | $17,943 |
* 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 AccountBlueprint™ 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
- 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
- End Income Source
- Sold Property Based on Low Account Balance
- Sold Property Based on Low Account Balance
- Sold Property Based on Low Account Balance
- Sold Property Based on Low Account Balance
- Sold Property Based on Low Account Balance
- Sold Property Based on Low Account Balance
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Sold Property Based on Low Account Balance
- Final Month Summary
Reports