The Real Estate Financial Planner Blueprint™
Ep 3 Andrea - Stocks at 8% Instead, Stops Working at 65

Purchased Typical Rental Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Typical Rental Property 1 Property when your Account balance in the All-In-One Account Account reaches $10,000. The following is a chart showing the balance of All-In-One Account 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 Rental Property 1 Property, we're assuming you're getting a 5% down payment loan. With a $250,000 purchase price that means you need to have $12,500 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($2,500) minus any seller concessions ($0).

Description Amount
Down Payment $12,500
Rent Ready Costs $0
Closing Costs $2,500
Seller Concessions $0
Total Cost To Close: $15,000

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
Typical Rental Property 1* $5,008 $0 $4,445 $0 $1,245 $10,698
Totals: $5,008 $0 $4,445 $0 $1,245 $10,698
* 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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