The Real Estate Financial Planner Blueprint™
E-04 100% Stocks, 30% Savings, 1 Nomad 5% DP, 4 20% DP
Purchased Typical Family Home - 5% DP 1 Property
Bought in Month 18
We have a Rule that has you buying the Typical Family Home - 5% DP 1 Property when your Account balance in the VTSMX with CAGR of 8.97% over 1871-2017 Account reaches $5,000 (which we adjust for inflation to be worth $5,213.82 in Month 18). 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 18 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical Family Home - 5% DP 1 Property, we're assuming you're getting a 5% down payment loan. With a $364,967.43 purchase price that means you need to have $18,248.37 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($9,124.19) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $18,248.37 |
Rent Ready Costs | $0 |
Closing Costs | $9,124.19 |
Seller Concessions | $0 |
Total Cost To Close: | $27,372.56 |
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 |
---|---|---|---|---|---|---|
$10,974 | $0 | $5,232 | $0 | $1,936 | $18,142 | |
Totals: | $10,974 | $0 | $5,232 | $0 | $1,936 | $18,142 |
* 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.
And how have they looked over time up to this month?
Phases of Financial Independence™
With a Minimum Target Monthly Income in Retirement™ of $4,083.33 and a Ideal Target Monthly Income in Retirement™ of $20,000 at the time of achieving your
Blueprint™ 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Final Month Summary
Reports