The Real Estate Financial Planner Blueprint™
Des Moines, Iowa 20% DP

Purchased Des Moines, Iowa Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Des Moines, Iowa Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,932. The following is a chart showing the balance of Starting with $100K, Earning 7%/year 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 Des Moines, Iowa Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $127,200 purchase price that means you need to have $25,440 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,272) minus any seller concessions ($0).

Description Amount
Down Payment $25,440
Rent Ready Costs $0
Closing Costs $1,272
Seller Concessions $0
Total Cost To Close: $26,712

The monthly rent on this Property is $822 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Des Moines, Iowa Average Property 1 $756 -$2,981 $1,605 $708 $991 $1,078
Des Moines, Iowa Average Property 2 $693 -$2,672 $1,457 $649 $906 $1,034
Des Moines, Iowa Average Property 3 $630 -$2,365 $1,310 $590 $821 $987
Totals: $2,079 -$8,017 $4,371 $1,947 $2,719 $3,099

Asset Allocation

How are assets allocated? Let's first look at this month.

Copy Scenario into my Real Estate Financial Planner™ Software Account

Blueprint™ Menu of Sections

Reports