We are now offering seller financing for our cash flowing investment properties. If you cannot get financing to buy real estate, owner financing is an excellent way to go.
The Numbers (Real Deal)
Down payment: $10,000
Loan amount: $55,000
Interest: 8%
Amortization: 30 years (3-year balloon)
Taxes (2008): $674.52 per year
Insurance (2008): $367.24 per year
Monthly gross rent: $750
Monthly mortgage payments (PITI): $490.38
Current property management fees (10%): $75 per month
Cash Flow: $184.62 per month
Cap Rate: 22.15%



