Personal Financial Statement
Total assets$1,042,200.00
Total liabilities$280,500.00
Net worth$761,700.00
Annual cash flow$62,200.00
Assets & liabilities
AAssets
$1,042,200.00⠿
$
Checking & savingsFirst Union ••4021$48,200.00⠿
$
Money market fundsReadily available$32,000.00⠿
$
Certificates of depositMatures Mar 2027$15,000.00⠿
$
Stocks & bondsJoint brokerage · readily marketable$184,000.00⠿
$
Retirement funds / IRA401(k) + Roth IRA$268,000.00⠿
$
Business / partnership interests25% ownership · estimated value$43,000.00⠿
$
Primary residence42 Cedar Lane · current market value$285,000.00⠿
$
Investment property25% ownership$55,000.00⠿
$
Vehicles2 vehicles$42,000.00⠿
$
Jewelry, art & collectiblesInsured value$18,000.00⠿
$
Other personal propertyConservative estimate$40,000.00⠿
$
Life insurance cash valueCash surrender value, not death benefit$12,000.00⠿
$
Notes receivableMoney owed to you$0.00LLiabilities
$280,500.00⠿
$
Credit card balances3 cards$8,500.00⠿
$
Taxes payableEstimated quarterly$12,000.00⠿
$
Primary residence mortgageLinked to 42 Cedar Lane · 4.25% fixed$214,000.00⠿
$
Investment property debtLinked to investment property$0.00⠿
$
Auto loans2 loans$28,000.00⠿
$
Student loansFederal loan$18,000.00⠿
$
Notes payable / other debtInclude private or business notes$0.00Income & expensesAnnual reporting period
IIncome
$231,600.00⠿
$
Salary & wagesEmployer · gross compensation$168,000.00⠿
$
Bonuses & commissionsEmployer · expected compensation$22,000.00⠿
$
Business / partnership incomeBusiness · net distributions$18,000.00⠿
$
Rental incomeProperty · net of property expenses$12,000.00⠿
$
Interest & dividendsInstitution or account$7,600.00⠿
$
Capital gains / other incomeSource$4,000.00EExpenses
$169,400.00⠿
$
Mortgage or rent paymentsResidence or property$31,800.00⠿
$
Property tax & maintenanceResidence or property$17,400.00⠿
$
Other loan paymentsLender or obligation$13,200.00⠿
$
Income & other taxesFederal, state and local$48,200.00⠿
$
Insurance & healthcarePremiums and out-of-pocket costs$15,600.00⠿
$
Living, tuition & otherHousehold and family obligations$43,200.00✓