The Real Estate Financial Planner Blueprint™
24 Sell Some Rentals to Pay Off Other Rentals if FI While Nomading™

Purchased Typical Roseville, California Nomad™ Property 11 Property
Bought in Month 1044

We have a Rule that has you buying the Typical Roseville, California Nomad™ Property 11 Property even if your Account balance in the All-In-One Account Earning 7%/year Account has zero dollars. The following is a chart showing the balance of All-In-One Account Earning 7%/year Account from the start of the Scenario to Month 1044 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical Roseville, California Nomad™ Property 11 Property, we're assuming you're getting a 5% down payment loan. With a $8,006,900 purchase price that means you need to have $400,345 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($80,069) minus any seller concessions ($0).

Description Amount
Down Payment $400,345
Rent Ready Costs $0
Closing Costs $80,069
Seller Concessions $0
Total Cost To Close: $480,414

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 Roseville, California Nomad™ Property 1 $240,799 $318,167 $0 $0 $10,926 $569,893
Typical Roseville, California Nomad™ Property 2 $240,799 $323,239 $0 $0 $10,972 $575,010
Typical Roseville, California Nomad™ Property 3 $240,799 $325,286 $0 $0 $10,990 $577,075
Typical Roseville, California Nomad™ Property 4 $240,799 $320,189 $0 $0 $10,944 $571,932
Typical Roseville, California Nomad™ Property 5 $240,799 $325,286 $0 $0 $10,990 $577,075
Typical Roseville, California Nomad™ Property 6 $240,799 $324,261 $0 $0 $10,981 $576,041
Typical Roseville, California Nomad™ Property 8 $240,799 $319,177 $0 $0 $10,935 $570,912
Typical Roseville, California Nomad™ Property 9 $240,799 $318,167 $0 $20,401 $10,926 $590,294
Typical Roseville, California Nomad™ Property 10 $240,799 -$72,727 $134,140 $33,637 $42,288 $378,137
Typical Roseville, California Nomad™ Property 11* $240,751 $0 $77,723 $0 $54,355 $372,829
Totals: $2,407,945 $2,501,045 $211,863 $54,038 $184,307 $5,359,198
* 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 $13,000 and a Ideal Target Monthly Income in Retirement™ of $20,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

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