investorman's Net Worth for March 2017


Assets Value Change ($) Change (%)
Cash $5,000 ($10,000) (66.67%)
Stocks $0 - -
Bonds $30,000 ($10,000) (25.00%)
Annuities $5,000 - -
Retirement $239,000 $2,000 0.84%
Home $300,000 $20,000 7.14%
Other Real Estate $640,000 - -
Cars $25,600 ($200) (0.78%)
Personal Property $20,000 - -
Other Assets $0 - -
$1,264,600 $1,800 0.14%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $173,900 ($1,800) (1.02%)
Other Mortgage(s) $386,500 ($1,200) (0.31%)
Student Loans $0 - -
Credit Cards $0 - -
Car Loans $0 - -
Other Debts $40,000 - -
Total Debts $600,400 ($3,000) (0.50%)
Net Worth $664,200 $4,800 0.73%
*All values shown in USD ($)
Notes:
Refinancing three of the rental properties this month, then transferring those 3 into a new LLC that I will own 50% with a partner. I'll be pulling a large chunk of cash out which is the equity produced by these three houses over the past couple years. The great thing is that all houses were purchased with an average of 8% down...placed on 10 year payment schedules...and an average of 4 years later I am paying myself back for all down payment plus taking out an additional $10k and have a $20k credit with my fellow investor. 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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