Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago on . Most recent reply

User Stats

18
Posts
1
Votes
Ramona Lazard
  • Alexandria, LA
1
Votes |
18
Posts

Seller Financing deal

Ramona Lazard
  • Alexandria, LA
Posted

Hey all,

I need everyone opinion about a deal. Please let me know if this is a good deal. Thank you.

Seller financing

Single family home 2/1 

Price: $41,000

Interest Rate: 5%

10 yr ballon

5% down payment: $2,050

Monthly rent: $600

Expenses: $312

P&I: $209

Monthly cash flow=$79

Annual cash flow=$948

Cash on cash return=948/2,050=46.24%

Loading replies...