The Real Estate Financial Planner Blueprint™
Rock Hill, South Carolina 20% DP

Purchased Rock Hill, South Carolina Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Rock Hill, South Carolina Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,568. 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 Rock Hill, South Carolina Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $147,800 purchase price that means you need to have $29,560 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,478) minus any seller concessions ($0).

Description Amount
Down Payment $29,560
Rent Ready Costs $0
Closing Costs $1,478
Seller Concessions $0
Total Cost To Close: $31,038

The monthly rent on this Property is $928 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Rock Hill, South Carolina Average Property 1 $917 -$1,499 $1,864 $822 $958 $3,062
Rock Hill, South Carolina Average Property 2 $841 -$1,293 $1,693 $754 $875 $2,870
Rock Hill, South Carolina Average Property 3 $764 -$1,091 $1,522 $686 $793 $2,674
Totals: $2,522 -$3,884 $5,079 $2,263 $2,626 $8,605

Asset Allocation

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

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