The Real Estate Financial Planner Blueprint™
10 5% Down Payment Nomad™ Rentals - Variable

Purchased 5% Down Payment Nomad™ Rental Property 1 Property
Bought in Month 7

We have a Rule that has you buying the 5% Down Payment Nomad™ Rental Property 1 Property when your Account balance in the All-In-One Account reaches $5,000 (which we adjust for inflation to be worth $5,049.75 in Month 7). The following is a chart showing the balance of All-In-One Account from the start of the Scenario to Month 7 after we've adjusted for all the income and expenses for the entire month.

To purchase the 5% Down Payment Nomad™ Rental Property 1 Property, we're assuming you're getting a 5% down payment loan. With a $398,039.43 purchase price that means you need to have $19,901.97 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($7,960.79) minus any seller concessions ($0).

Description Amount
Down Payment $19,901.97
Rent Ready Costs $0
Closing Costs $7,960.79
Seller Concessions $0
Total Cost To Close: $27,862.76

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
5% Down Payment Nomad™ Rental Property 1* $7,250 $0 $7,692 $0 $1,883 $16,825
Totals: $7,250 $0 $7,692 $0 $1,883 $16,825
* 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.

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