How to Write a Business Plan

ChApter 5 | YOUR RESUME AND FINANCIAL STATEMENT | 89

Real Estate

Description Market Value

Personal residence, three bedrm, two bath frame/stucco house, $ 140,000

33324 Being St., Modesto, CA (Approx. 15 years old)

Unimproved lot, New City, IL; Parcel #811-2-849. Owned in joint 15,000

tenancy with my mother, Gertrude Hubbard. Total current

market value is $30,000.

Total Value of Real Estate $ 155,000

Personal Property

Description Current Value

1958 Buick Century hardtop, good condition $ 2,500

2005 Honda Accord 4,000

Stamp collection 2,000

Household furniture 3,500

Total Value Personal Property $ 12,000

Other Assets (Include interests in Partnerships and Private-Held Stock)

Description Current Value

N/A $ 0

Total Other Assets $ 0

Total Assets $ 201,773