The Real Estate Financial Planner Blueprint™
Sioux City, Iowa 20% DP

Purchased Sioux City, Iowa Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Sioux City, Iowa Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,512. 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 Sioux City, Iowa Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $110,300 purchase price that means you need to have $22,060 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,103) minus any seller concessions ($0).

Description Amount
Down Payment $22,060
Rent Ready Costs $0
Closing Costs $1,103
Seller Concessions $0
Total Cost To Close: $23,163

The monthly rent on this Property is $752 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Sioux City, Iowa Average Property 1 $2,127 -$1,989 $1,391 $614 $851 $2,994
Sioux City, Iowa Average Property 2 $1,952 -$1,769 $1,265 $564 $779 $2,791
Sioux City, Iowa Average Property 3 $1,776 -$1,550 $1,138 $513 $707 $2,584
Sioux City, Iowa Average Property 4 $1,599 -$1,333 $1,012 $463 $635 $2,375
Totals: $7,454 -$6,641 $4,806 $2,153 $2,972 $10,744

Asset Allocation

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

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