1ST POSITION NOTE/ MORTGAGE FOR SALE.
Annual Yield: over 12.8% ROR (every year)
Total Yield is over: 25.9% ROR if held for 20 years ($49,500 / $192,960)
Cost of the Note is: $49,500
Total Amt of payments to be collected is: $192,960.00
His Monthly Payment is: $536.00 / Annually: $6,432
He Owes a Balance of: $59,721.23
Loan/ Note Maturity: 10/1/2033
Property Value Comparable(s) in the the area:
Low: $60,000 High: $77,000 Average: $66,333
Please let me know, thanks, frank.
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