Ludwig Portfolio

Ludwig Family Portfolio

Comprehensive Financial Management System

Last Updated: 4/1/2026

Total Net Worth

$5.04M

As of 4/1/2026

Total Assets

$5.25M

Across all holdings

Annual Income

$450K

Combined household income

Action Items & Recommendations

K Investments Vacancy

Unit 113 vacant since 6/16/25

-$2,290/mo revenue loss

2026 Cash Outflow

Projected owner contribution

$141.8K

Lease Expirations

Clinger: 10/31/26

Fisher: 12/31/26

Middlebrook Retreat

49% vacancy - expenses exceed revenue

-$16.3K

Short-Term Rentals

2 Properties
Urban Oasis
1380 McKinley Ave, Des Moines, IA 50315
Single Family

Market Value

$560K

Net Equity

$40K

UO Investment LLCShort-Term Rental
Middlebrook Retreat
110 N 36th St, Cumming, IA 50061
Single Family

Market Value

TBD

Net Equity

$0K

Middlebrook Retreat LLCShort-Term Rental

Long-Term Rentals

1 Portfolio
K Investments Portfolio
3-Plex & 2-Plex Rental Properties
Multi-Family

Market Value

TBD

Net Equity

$253K

Monthly Rent

$8,445

Occupancy

80%

K Investments LLCLong-Term Rental

Personal Residences

2 Properties
Personal Residence
1253 S Cape Point, West Des Moines, IA 50265
Primary Residence

Market Value

$700K

Net Equity

$0K

PersonalOwner Occupied
Ludwig Residence - New Construction
1237 S. Cape Pt., West Des Moines, IA 50265
Primary Residence

Market Value

$1300K

Net Equity

$1300K

PersonalUnder Construction

Business Interests

8 Entities
AEA HOG Investments, LLLP
Agricultural
Ownership3.92%
Value$83K
Active
DHC1 LLC
Development
Ownership2.5%
Value$114K
Active
DHC2 LLC
Rental
Ownership33.33%
Value$33K
Active
Ground Breaker Homes LLC
Construction
Ownership20%
Value$630K
Active
Peoples Company Stock
Stock
Ownership100%
Value$226K
Active
RK Middlebrook LLC
Investment
Ownership20%
Value$20K
Active
Sauk Farm, LLC
Agricultural
Ownership1.67%
Value$4K
Active
Williams Farm
Agricultural
Ownership20%
Value$90K
Active

Retirement & Investments

8 Accounts
Investment Portfolio Summary
Retirement accounts, 529 plans, and brokerage

Cash Holdings

$179K

Investments

$583K

Total

$761K