| Purchased a new car for the wife this month (2 model years old, 50k miles). She drove our last one for 7 years and I calculated the depreciation to be about $180 per month. Not too bad for driving a luxury car those years. Creatures of habit, we purchased the exact same vehicle/model just a newer edition.
Possibility that I may be able to purchase my father-in-law's truck at trade in value in the next month or so...hate to spend more on autos but upgrading to 4WD, 3 year newer truck would be very handy in the winter months and should only cost a couple thousand dollars.
Also, finally received news on the ESOP payout. I have factored those figures into my calculation this month so retirement dollars should be accurate now. Payout still won't happen until Q4 though...but that's ok.
Took the time this month to tally up my real estate holdings (owned solely and owned in partnership). Big swing in both assets and liabilities but in sum added to balance sheet.
Debt-to-assets = 45.92%
Primary = 15 year, 2.825% fixed, 14 years left
Rental #1 = 15 year, 3.875% fixed, 9 years remaining (April)
Rental #2 = 30 year, 4.75% fixed, 26 years remaining (July)
Rental #3 = 15 year, 3.875% fixed, 9 years remaining (April)
Rental #4,5 and 6 = 15 year, 4.25%, 3 year balloon, 15 years remaining (April)
Legend:
"Bonds" = Personal Emergency Fund
"Annuities" = Investment Property Savings (minus security deposits)
"Other Assets" = Business IOU
"Other Real Estate" = Investment Properties (current market values)
"Other Mortgage" = Investment Property Mortgages
"Other Debts" = Hard money loan for rental property rehab |