Complex Financial Statement

Document Sample
Complex Financial Statement Powered By Docstoc
					 Name:         Joan Stewart - Yang                      Profession: Loan Officer                               Date:
 Name:         Enrique Yang                             Profession: School Teacher
 Mail Address:                                          Home Phone:                                 Email 1:   JSYang@gmail.com
 City, State, ZIP:                                      Cell Phone:                                 Email 2:                               Checking
 Own / Rent          Own                                Fax:
                                                                 Income Statement                                                          Savings
                                       Income                                       Auditor                                                Money Market
                     Description                   Cash Flow   Pay Frequency (Circle One for Each)                                         Stocks/Mutual
 Salary                               Loan Officer $     4,500 Weekly / Bi-Weekly / Monthly / Average           Bi-Weekly
                                   School Teacher $      4,000 Weekly / Bi-Weekly / Monthly / Average            Monthly
                                 MLM/Homebased $           200 Weekly / Bi-Weekly / Monthly / Average               Average
                                 Real Estate Agent $       210 Weekly / Bi-Weekly / Monthly / Average               Average
 Int/Dividends                                          $       105                                                                        Other: List Se
 Inc From Investment Private Money Loans                $       240                                                                        Real Estate / V
 Real Estate                     Rentals                $       875 How much of your real estate and/or         $      1,925               Car
                                 Homes                  $       350 Business income is passive?                 $        675               Car
                              Commercial                $       700                                             $      2,600               Home (20% Do
 Businesses                              Restaurant $           250                                                                       Duplex (5% Do
                                          Software $            425                               Total Monthly Income         $   11,855 Triplex (5% dow
                                       Expenses                                                                                           Apartment - 5 u
 Taxes                                                  $      3,800                                                                      Single Family (
 Home Mortgage                                          $      1,962                                                                      Single Family (
 School Loan Payment                                    $        705                                                                      Mini-Mall (30%
 Car Payment                                            $        597                                                                       Business
 Credit Card Payments                                   $      1,031                                                                       Private Money
 Retail Payment                                         $        165                                                                       MLM / Hombas
 Living Expenses                                        $      2,620                                                                       Software
 Child Expenses                                         $        150                                                                       Internet Based
 Bank Loan Payment                                      $        584                                                                       Restaurant
                                                                                     $      5,807 Total Expenses               $   11,614 Real Assets
                                                                                                  Monthly                                 $ 153,075
o (Monthly Expenses / Monthly Income)                          98.0%                 $        121 Cash Flow                          $241 Asset/Debt
             211af0df-85eb-4e7d-9035-a3eba0674465.xls                         Form To Use                                              Page 1 of 6
                                                                   Balance Sheet
                       Assets                                                                                     Liabilities
                                             Interest Rate   Total Balance    Description      Original Term       Interest Rate       # of Pmts   Total Owed
                                                   0.00%      $       350                     1st                         7.00%          301       $   139,300
                                                                             Home
                                                   0.00%      $       250                     2nd                         7.50%           99       $    18,700
                                                                             Mortgage
                                                   1.25%      $     1,200                     HELOC                       4.50%         open       $    73,750
                                                   2.10%      $     2,200    School LoansJoan                             8.00%           43       $    13,750
                         # of Shares         Cost/Share      Total Value                 Enrique                          4.50%           77       $    21,970
                401k                                          $    78,000    Car Loans   Enrique                          2.99%           17       $     9,360
                503b                                          $    53,000                                                                          $       -
                Roth                           $   12,000 Credit Cards                        $          15,000         18.99%          open       $    11,600
                 529                           $    2,300                                     $           9,500          7.99%          open       $     8,400
 r: List Separately                            $ 187,800                                      $          25,000         12.99%          open       $    21,200
 Estate / Vehicles               Equity/Down Value/Cost                                       $          16,000          9.99%          open       $    12,400
           Checking               $      1,750 $   17,000                                     $           5,000         13.99%          open       $     5,000
                                  $        -   $      -   Retail Debt                                                   21.99%          open       $     2,500
e (20% Down, $185k Orig value)    $     37,000 $ 185,000                                                                17.99%          open       $     1,275
ex (5% Down, $29k orig value)     $      1,450 $   22,500 Bank /                              Joan                      15.00%             8       $     7,300
ex (5% down, $39k Orig Value)     $      1,950 $   33,000 Personal                            Enrique                   12.00%            23       $     5,880
                                                          Loans
tment - 5 units (2.5%, $87k)      $      2,175 $ 127,000                                      Duplex                     8.50%           321       $    26,800
 e Family (10%, $145k)            $     14,500 $ 112,000                                      Tri-Plex                   7.75%           321       $    35,900
 e Family (10%, $120k)            $     12,000 $ 140,000                                      Apartment                 10.00%           118       $    83,900
                                                          REI
 Mall (30%, $245k)                $     73,500 $ 267,000                                      Single Family 1            6.25%           216       $   123,200
                                                          Mortgages
                              Equity/Inventory Value/Cost                                     Single Family 2            5.50%           216       $   101,400
 te Money Loans (15%, 10 Years)    $    15,000 $   29,000                                     Mini-Mall                 10.00%           102       $ 163,800
  / Hombased                      $        500 $      -                                                                                            $       -
ware                              $     18,000 $ 180,000                                      MLM / Homebased                                      $       -
net Based Business                $        -   $   25,000 Liability                           Software                                             $       -
aurant                            $     10,000 $ 100,000 (Business                            Internet                                             $       -
           Asset/Debt             $ 509,925 $ 1,574,600 Loans)                                Restaurant                10.00%           105       $ 128,300
              15.1%                    Net Worth                $558,915                                                                           $       -
              50.2%             155.0% Income/Debt                   14% Total Liabilities                                         $    1,862.00    $1,015,685
         211af0df-85eb-4e7d-9035-a3eba0674465.xls                               Form To Use                                                            Page 2 of 6
 Name:         Joan Stewart - Yang                      Profession: Loan Officer                                     Date:
 Name:         Enrique Yang                             Profession: School Teacher
 Mail Address:                                          Home Phone:                                    Email 1:      JSYang@gmail.com
 City, State, ZIP:                                      Cell Phone:                                    Email 2:                                     Checking
 Own / Rent          Own                                Fax:
                                                                 Income Statement                                                                   Savings
                                       Income                                        Auditor                                                        Money Market
                     Description                   Cash Flow   Pay Frequency (Circle One for Each)                                                  Stocks/Mutual
 Salary                               Loan Officer $     4,500 Weekly / Bi-Weekly / Monthly / Average                 Bi-Weekly
                                   School Teacher $      4,000 Weekly / Bi-Weekly / Monthly / Average                  Monthly
                                 MLM/Homebased $           200 Weekly / Bi-Weekly / Monthly / Average                     Average
                                 Real Estate Agent $       210 Weekly / Bi-Weekly / Monthly / Average                     Average
 Int/Dividends                                          $       105                                                                                 Other: List Se
 Inc From Investment Private Money Loans                $       240                                                                                 Real Estate / V
 Real Estate                     Rentals                $       875 How much of your real estate and/or               $      1,925                  Car
                                 Homes                  $       350 Business income is passive?                       $        675                  Car
                              Commercial                $       700                                                   $      2,600                  Home (20% Do
 Businesses                              Restaurant $           250                                                                                 Duplex (5% Do
                                          Software $            425                                  Total Monthly Income              $   11,855   Triplex (5% dow
                                       Expenses                                                                                                     Apartment - 5 u
 Taxes                                                  $      3,800                                                Income Factor               1   Single Family (
 Home Mortgage                                          $      1,962                                              Expenses Factor               1   Single Family (
 School Loan Payment                                    $        705                                                 Assets Factor              1   Mini-Mall (30%
 Car Payment                                            $        597                                              Liabilities Factor            1 Business
 Credit Card Payments                                   $      1,031                                                                              Private Money
 Retail Payment                                         $        165                                         All Category Factor                  MLM / Hombas
 Living Expenses                                        $      2,620                                                                              Software
 Child Expenses                                         $        150                                                                              Internet Based
 Bank Loan Payment                                      $        584                                                                              Restaurant
                                                                                      $        5,807 Total Expenses                    $   11,614 Real Assets
                                                                                                     Monthly                                      $ 153,075
o (Monthly Expenses / Monthly Income)                          98.0%                  $          121 Cash Flow                               $241 Asset/Debt

             211af0df-85eb-4e7d-9035-a3eba0674465.xls                        Data Entry Form                                                   Page 3 of 6
                                                                   Balance Sheet
                       Assets                                                                                        Liabilities
                                             Interest Rate   Total Balance    Description         Original Term       Interest Rate       # of Pmts   Total Owed
                                                   0.00%      $       350                        1st                         7.00%          301       $   139,300
                                                                             Home
                                                   0.00%      $       250                        2nd                         7.50%           99       $    18,700
                                                                             Mortgage
                                                   1.25%      $     1,200                        HELOC                       4.50%         open       $    73,750
                                                   2.10%      $     2,200    School LoansJoan                                8.00%           43       $    13,750
ks/Mutuals/CDs    # of Shares                Cost/Share      Total Value                 Enrique                             4.50%           77       $    21,970
             401k                                             $    78,000    Car Loans   Enrique                             2.99%           17       $     9,360
             503b                                             $    53,000
                Roth                           $   12,000 Credit Cards                           $          15,000         18.99%          open       $    11,600
                 529                           $    2,300                                        $           9,500          7.99%          open       $     8,400
 r: List Separately                            $ 187,800                                         $          25,000         12.99%          open       $    21,200
 Estate / Vehicles               Equity/Down Value/Cost                                          $          16,000          9.99%          open       $    12,400
           Enrique                $      1,750 $   17,000                                        $           5,000         13.99%          open       $     5,000
                                                          Retail Debt                                                      21.99%          open       $     2,500
e (20% Down, $185k Orig value)    $     37,000 $ 185,000                                                                   17.99%          open       $     1,275
ex (5% Down, $29k orig value)     $      1,450 $   22,500 Bank /                                 Joan                      15.00%             8       $     7,300
ex (5% down, $39k Orig Value)     $      1,950 $   33,000 Personal                               Enrique                   12.00%            23       $     5,880
                                                          Loans
tment - 5 units (2.5%, $87k)      $      2,175 $ 127,000                                         Duplex                     8.50%           321       $    26,800
 e Family (10%, $145k)            $     14,500 $ 112,000                                         Tri-Plex                   7.75%           321       $    35,900
 e Family (10%, $120k)            $     12,000 $ 140,000                                         Apartment                 10.00%           118       $    83,900
                                                          REI
 Mall (30%, $245k)                $     73,500 $ 267,000                                         Single Family 1            6.25%           216       $   123,200
                                                          Mortgages
                              Equity/Inventory Value/Cost                                        Single Family 2            5.50%           216       $   101,400
 te Money Loans (15%, 10 Years)    $    15,000 $   29,000                                        Mini-Mall                 10.00%           102       $   163,800
  / Hombased                      $        500 $      -
ware                              $     18,000 $ 180,000                                         MLM / Homebased
net Based Business                $        -   $   25,000 Liability                              Software
aurant                            $     10,000 $ 100,000 (Business                               Internet
           Asset/Debt             $ 509,925 $ 1,574,600 Loans)                                   Restaurant                10.00%           105       $   128,300
              15.1%                    Net Worth                $558,915
              50.2%             155.0% Income/Debt                   14% Total Liabilities                                            $    1,862.00   $1,015,685

         211af0df-85eb-4e7d-9035-a3eba0674465.xls                              Data Entry Form                                                            Page 4 of 6
                              Living Expenses


Living Expenses

Wealth Account                     $100           Other ideas
Giving Account                     $100           Internet
Savings Account                    $100
Auto Gas                           $115
Auto Ins                            $50
Auto Registration                   $60
Auto Service                        $20
Cell Phone                         $135
Electric                           $100
Heat                               $100
Phone                               $50
Water                               $50
Dining                             $135
Food                               $400
Life Insurance                      $75
Medical / Health                    $75
Clothes                            $105
Entertainment                       $75
Vacation/Travel                    $125
Lawn                                $50
Private School                     $275
Home Repair / Emergency             $50
Home Misc                           $50
Books / Personal Education          $50
Gifts Given                        $125
Personal/Misc                       $50
                                 $2,620


Childcare
Babysitting                         150
Other Child
                                    150




                  211af0df-85eb-4e7d-9035-a3eba0674465.xls
                                   Living Expenses


Other "Assets":

Boat                        2500
Clothes                     4000
ATV                         5000
TV                          2100
Game Consoles               1500
Riding Lawn Mower           1500
Harley                     35000
Golf Clubs                  1700
Jewelry                    17000
Tools                      12000
Art                        25000
Antiques                   35000
Collectables               18000
Furniture                  14000
Appliances                  3000
Computer                    3000
Laptop                      1500
Misc                        6000




                  Total $187,800




                   211af0df-85eb-4e7d-9035-a3eba0674465.xls