Book questions: Real Estate by the Numbers - Dave Meyer, J Scott

[Henry Dossantos]

Hello,

I just purchased the new book by Dave Meyer and J Scott; “Real Estate by the Numbers”. So far it is a great book!

I am trying to figure out how J and Dave got to $65,000 in the following section (I am reading the eBook version so page numbers won't correspond with the physical book):  Towards the end of Chapter 2; "Finally, notice that the owner equity in this business totals about $65,000; because John is sole owner of the business, that $65,000 is the value that John transfers to his PFS and can claim as his ownership value in the company.”

Everything up to this point was clearly explained on how they got to the number, except this $65,000. Can someone please provide some clarity?

Thank you very much for your help!

Cheers,

Henry