How do I add mortgage income (receiving mortgage payments as a lender) to PortfolioPilot?
A private mortgage you hold as the lender is best modeled as a private debt position with its own income stream. Add the loan under Private Equity, then add the recurring payments separately so they flow into your Retirement planning projection.
The income (recurring payments):
- Open Retirement planner - Money in & out tab.
- Under Recurring income or expenses, click + Add payment - Custom payment.
- Enter the annual amount, set Wealth impact to Increase, and set the date range for how long you expect to receive payments.
The asset (private debt position):
- Open Net Worth - Add an asset - Private equity - Private Credit / Private Debt and enter the outstanding principal as the Estimated current value.
- In the Additional details section, set the asset class exposure to Real estate so the position rolls into your overall real-estate exposure.
The Retirement planner updates automatically once both are in place, so you can immediately see how the income stream changes your projection.
