The Real Estate Financial Planner Blueprint™
Bismarck, North Dakota 20% DP
Purchased 
Bismarck, North Dakota Average Property 1 Property
Bought in 
Month 1
We have a 
Rule that has you buying the Bismarck, North Dakota Average Property 1 Property when your 
Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,100. 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 Bismarck, North Dakota Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $234,500 purchase price that means you need to have $46,900 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($2,345) minus any seller concessions ($0).
| Description | Amount |
|---|---|
| Down Payment | $46,900 |
| Rent Ready Costs | $0 |
| Closing Costs | $2,345 |
| Seller Concessions | $0 |
| Total Cost To Close: | $49,245 |
The monthly rent on this Property is $850 per month.
Return in Dollars + Reserves
| Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
|---|---|---|---|---|---|---|
| Bismarck, North Dakota Average Property 1 |
$11,615 | -$8,404 | $2,958 | $1,305 | $1,437 | $8,912 |
| Totals: | $11,615 | -$8,404 | $2,958 | $1,305 | $1,437 | $8,912 |
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
- Introduction
- Accounts
- Properties
- Rules
- Significant Events
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Final Month Summary
Reports