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 |
---|---|---|---|---|---|---|
![]() |
$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.
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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