Analyze my LeasePurchase Deals

[Jason Cousar]

Ok, here are 2 deals I did when I 1st moved to Memphis. Not enough equity for investors initially so I did a lease purchase on each 1.

Deal 1: ARV - 65k
Cost + Rehab - 42k
Sales Price - 55k
Down Payment - 2500
Owner Finance - 52500 15yr @ 8.9% apr

Deal 2: ARV - 60k
Cost + Rehab - 40k
Sales Price - 55k
DPymt - 3000
Owner Finance - 52k 10yr @ 8.9% apr

Question: Did I do ok here?
Question: What would an investor pay for these notes?

Thanks

jc