For

Kokomo, IN.

2 Bedroom, 1 Bath 1,196 SQ Feet

                            

Broker Price Opinion:  $62,000.00      Unpaid Balance:  $34,400.00              Original rate: 9.9%

Note Purchase Price:  $25,000.00       P&I Payment $299.35                         Current rate:  9.9%

 

Performing Contract for Deed

Cost:  $25 month servicing fee

P&I Payments:  $299.35

ROI:  14.4%

 

This is a performing Contract for Deed (CFD).  Borrowers have been making payments consistently.  Loan maturation date is November 15, 2043.  This seems to be a very stable investment for someone interested in a solid income from “mailbox money!”

 

**Estimates are not a guaranteed return.  All investments have the risk of losing some or all of the funds.  Every note deal has unique characteristics.**

 

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Deal Highlights
Area
1196 ft2
Bedrooms
2
Bathrooms
1
Amenities.

.

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