Downtown Riverside ready to move
Fictional household · David & Elena Doe · fictional family of four
$300,000 annual household income and a $1,000,000 target home, using owner-supplied scenario figures.
David & Elena Doe
Downtown Riverside ready to move
Fictional Household Example · Illustrative Readiness Profile
Five-Pillar Scorecard
| Credit Strength | 100 | Score of 805 | |
| Cash Flow & DTI | 100 | 15% debt-to-income | |
| Emergency Fund | 100 | 9.2 of 6 months | |
| Debt Health | 100 | $0 consumer debt | |
| Mindset & Habits | 100 | Self-rating results |
Emergency Fund: Fully Funded
Plan: $0/mo ($0 cut spending + $0 side income + $0 other). Timeline: Done. Then save for down payment and closing costs.
Protects against: Income disruption · Unforeseen family emergency · Economic upheaval · Natural disasters · Divorce · Victim of crime or violence
Household Vision & Property Goals
Downtown Riverside scenario: owner-supplied $1,000,000 target home and $300,000 annual income, not a verified local average. Regional context: Riverside–San Bernardino–Ontario typical home value $581,454 (Zillow ZHVI, August 2026); BEA regional price parity 106.442 (2024 (released February 2026)). Household inputs are fictional. Closing costs at 2.5% are a planning allowance.
Real estate holdings
| Property | Value | Mortgage | Equity |
|---|---|---|---|
| Current Riverside home | $825,000 | $280,000 | $545,000 |
Our household exists to gain the freedom to choose how we spend our time.
Within five years we will be on track to retire on our own terms.
- Sell our current home
- Buy a $1,000,000 Downtown Riverside home
- Protect six months of household reserves
Balance Sheet — Assets
Your household assets by category, with guidance.
Assets
$1,902,000- Emergency fund (Money market account)$160,000
- Fully funded and accessible. Keep it untouched and in place.
- Bank checking$20,000
- Money market$15,000
- Down payment & closing savings$240,000
- Stocks$100,000
- You have no bonds. Bonds can steady a portfolio as you get closer to a purchase.
- 401(k) / 403(b)$400,000
- IRA / Roth IRA$85,000
- Health savings account$12,000
- Avoid borrowing or withdrawing from retirement for a down payment unless it's part of a deliberate plan. Penalties and taxes can be costly.
- Current Riverside home$825,000
- Real estate equity: $545,000.
- Vehicles$45,000
Liabilities & Cash Flow
Liabilities
$280,000- Current Riverside home$280,000
- Mortgage debt backed by appreciating real estate is productive debt. Focus extra payments on higher-interest debt first.
Cash flow & goal check
Monthly cash flow: $7,570 ($25,000 in · $17,430 out). Your goals are already funded.
- 6-month emergency fund ($0)Done
- Down payment & closing costs ($0)Done
- Pay off non-mortgage debt ($0)Done
Your Personalized Action Plan
- With your emergency fund in place, review your down-payment and closing-cost savings before making a purchase decision.
Pay Yourself First
Set aside at least $2,500 each month — 10% of your $25,000 total monthly income. Maintain your automatic savings habit and protect your fully funded reserves before committing cash to a purchase.
Coaching for Your Next Move
- Protect the separate $160,000 emergency reserve. The $240,000 purchase fund covers $200,000 down (20%) plus a $25,000 closing allowance, with $15,000 left for moving and contingencies.
- Continue paying yourself at least $2,500 monthly. Obtain a full lender payment quote including property tax, insurance and maintenance before committing.
- Illustrative current-home sale: $825,000 less $280,000 mortgage and $49,500 selling costs leaves $495,500 before tax or repairs. Do not count proceeds as available until closing.
- The target home price and income were supplied by the site owner; all household details are invented. The target price is not a verified Downtown Riverside Zillow average.
Resources & Your Advisory Team
Your reading list — free for members
- • Run Your Household Like a Business
- • The Credit Handbook
- • 10 Proven Methods For Building Credit
- • The Mortgage Handbook
- • How Much House Can I Afford?
- • African American Homeownership Initiative (AAHOI)
Explore the site and complete this assessment without joining. Membership includes every book as a free ebook, access to online real estate and business courses, and resources to revisit your plan as life changes.
Annual membership saves $60. Online real estate and business courses are included for members; $97 each for nonmembers.
- Introductory Strategy Session — $250. One hour to review your blueprint, discuss priorities and identify possible next steps.
- Personal one-on-one coaching — $350/hour. A private hour focused on your chosen financial priorities, such as cash flow, debt, credit or homeownership planning.
- Personal coaching · 10 hours — $2,500 ($250/hour) · Member: $2,250 ($225/hour). Ten private hours to revisit your priorities and progress as your circumstances change. Save $1,000 versus ten single sessions before the member discount.
- Business consulting — $500/hour. A one-on-one hour to discuss your business goals, financial picture and decisions you are weighing.
- Business consulting · 10 hours — $4,800 ($480/hour) · Member: $4,320 ($432/hour). Ten consulting hours for ongoing discussion of business priorities and progress. Save $200 versus ten single sessions before the member discount.
- Family coaching — $350/hour. One hour for up to 25 family members to discuss shared financial goals, household priorities and questions together.
If this assessment opened your eyes, share it with a friend or family member.
Fictional educational example, not an actual client result. Readiness is not lender approval; financing, property, tax and sale assumptions require independent review.
Your Trusted Advisor
Wealth Assessment & Blueprint
Proudly presented to
David & Elena Doe
for successfully completing the Wealth Assessment & Blueprint — a comprehensive evaluation of income, savings, debt, net worth and financial readiness.
Completed October 22nd, 2026
Ready for the next step?
Talk with Eric
Eric Lawrence Frazier, MBA
DRE 01143484 · NMLS 461807