The Real Estate Financial Planner Blueprint™
APPR 10 5% Nomads

Purchased Appreciation Nomad 1 Property
Bought in Month 1

We have a Rule that has you buying the Appreciation Nomad 1 Property when your Account balance in the $300K in Savings at 7% Account reaches $10,000. The following is a chart showing the balance of $300K in Savings at 7% 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 Appreciation Nomad 1 Property, we're assuming you're getting a 5% down payment loan. With a $350,000 purchase price that means you need to have $17,500 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($3,500) minus any seller concessions ($0).

Description Amount
Down Payment $17,500
Rent Ready Costs $0
Closing Costs $3,500
Seller Concessions $0
Total Cost To Close: $21,000

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
Appreciation Nomad 1* $10,524 $0 $5,596 $0 $1,824 $17,944
Totals: $10,524 $0 $5,596 $0 $1,824 $17,944
* 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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