The Real Estate Financial Planner Blueprint™
Ep 16 Norm and Norma - Buy 10 Nomad™ by Proxy Properties with 5% Down

Purchased Nomad™ by Proxy Rental Property 9 Property
Bought in Month 431

We have a Rule that has you buying the Nomad™ by Proxy Rental Property 9 Property even if your Account balance in the All-In-One Account Account has zero dollars. The following is a chart showing the balance of All-In-One Account Account from the start of the Scenario to Month 431 after we've adjusted for all the income and expenses for the entire month.

To purchase the Nomad™ by Proxy Rental Property 9 Property, we're assuming you're getting a 5% down payment loan. With a $1,081,513.19 purchase price that means you need to have $54,075.66 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($10,815.13) minus any seller concessions ($0).

Description Amount
Down Payment $54,075.66
Rent Ready Costs $0
Closing Costs $10,815.13
Seller Concessions $0
Total Cost To Close: $64,890.79

The monthly rent on this Property is $7,498.49 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Nomad™ by Proxy Rental Property 1 $32,525 $68,045 $0 $0 $1,713 $102,284
Nomad™ by Proxy Rental Property 2 $32,525 $66,086 $0 $0 $1,696 $100,307
Nomad™ by Proxy Rental Property 3 $32,525 $35,744 $26,721 $2,754 $4,297 $102,042
Nomad™ by Proxy Rental Property 4 $32,525 $30,616 $24,663 $3,025 $4,533 $95,362
Nomad™ by Proxy Rental Property 5 $32,525 $27,327 $22,859 $3,305 $4,796 $90,813
Nomad™ by Proxy Rental Property 6 $32,525 $24,966 $21,730 $3,507 $4,985 $87,714
Nomad™ by Proxy Rental Property 7 $32,525 $22,462 $20,657 $3,720 $5,186 $84,550
Nomad™ by Proxy Rental Property 8 $32,525 $19,805 $19,638 $3,947 $5,398 $81,313
Nomad™ by Proxy Rental Property 9 $32,519 -$1,852 $12,658 $5,970 $7,131 $56,426
Totals: $292,722 $293,199 $148,926 $26,227 $39,736 $800,810

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 $5,000 and a Ideal Target Monthly Income in Retirement™ of $10,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

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