Year End Asset Updating 2014
Assets:
- 401K: $188,735.16
- Investment Account: $184,857.28
- Savings: $7000
- Principle home per zillow:$349K
- Investment 4-plex per zillow: $511K
Total Assets: $1240592.44
Liabilities:
- Student loan: $55K (the change is small, i’ll keep the same number)
- Principle: $211k
- 4-plex: $290K (the change is small, i’ll keep the same number)
Total Liabilities: $556,000
Total Networth: 1,240,592 – 556,000 = $684,592
Networth changes from the previous update?
$684,592-$508,000=$176,592
That’s 34% net worth increased. The whole thing is possible because I bought a piece of real estate. Don’t under estimate The power of leveraging and use it wisely will put you ahead.
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