Seller Financing- How to structure?

[James B.]

Hello as an investor, how would you structure this deal for you to purchase?

What terms would you offer to the seller for seller financing (Rate/Terms downpayment)?

Single Family Home 3/2 1300sft

Asking $110,000

Income

Rent $995/mo

Expenses

Taxes. $110/mo

Insurance $65

Vacancy(8%) $80

Maint(8%) $80

Mgmt(7%) $69. = $404/month

CapEX

Unknown- will get contractor to determine. Est. $15,000

Additional Expenses
-Sellers Realtor Commission (3%). $3300

-Title issue. Cost to remedy. $3000

-Closing Costs $2500

-Attorney fee $1000 =$9800