investorman's Net Worth for December 2016


Assets Value Change ($) Change (%)
Cash $15,000 - -
Stocks $0 - -
Bonds $50,000 - -
Annuities $5,000 - -
Retirement $235,000 $45,000 23.68%
Home $275,000 - -
Other Real Estate $640,000 - -
Cars $26,200 ($200) (0.76%)
Personal Property $20,000 ($10,000) (33.33%)
Other Assets $0 - -
$1,266,200 $34,800 2.83%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $171,500 ($500) (0.29%)
Other Mortgage(s) $390,400 ($1,600) (0.41%)
Student Loans $0 - -
Credit Cards $0 - -
Car Loans $0 - -
Other Debts $40,000 - -
Total Debts $601,900 ($2,100) (0.35%)
Net Worth $664,300 $36,900 5.88%
*All values shown in USD ($)
Notes:
Received notice of our final ESOP allocation and resulting payout. Putting this full value on the books now that everything appears official. Making note of my goals for 2016 below. I achieved #2 and #3 (actually, killed #2 by being involved in 30 transactions in 2016). Huge miss on goal #1...only added 1 rental unit. Time to start thinking about goals for next year! Goals for 2016: 1 - Acquire 10 new rental units. 2 - Be involved with 6 RE transactions (representing seller or buyer). 3 - $650k net worth by end of 2016...that will represent 100% of my expected W2 base income added to net worth. Debt-to-assets = 47.54% Primary = 15 year, 2.825% fixed, 15 years left Rental #1 = 15 year, 3.875% fixed, 10 years remaining (April) Rental #2 = 30 year, 4.75% fixed, 26 years remaining (July) Rental #3 = 15 year, 3.875% fixed, 10 years remaining (April) Rental #4 = 30 year, 5.125% fixed, 23 years remaining (Sept) Rental #5 = 10 year, 4.125% 3 year balloon, 9 years remaining Rental #6 = 10 year, 4.125% 3 year balloon, 9 years remaining Legend: "Bonds" = Personal Emergency Fund "Annuities" = Investment Property Savings (minus security deposits) "Other Assets" = Health Savings Account "Other Real Estate" = Investment Properties (current market values) "Other Mortgage" = Investment Property Mortgages "Other Debts" = Hard money loan for rental property rehab

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