Is this deal structure appealing to the seller for owner finance?

[Eve W.]

The property is a condo ARV is $58-66K.

Seller is willing to consider owner finance and this is what I offered:

sale price is $50K, no downpayment

monthly payment of $400/mo for 5 year

$36K balloon payment at year 5.

Or sale price $50K

downpay $3000

monthly payment of $400/mo for 5 year

$32K balloon payment at year 5.

My exit strategy is to rent it for 5 years for a cash flow of $300/mo.

Is this deal structure appealing to the seller?

Any suggestions?