good or bad deal?

[Patrick Goswitz]

I was thinking about owner financing a property to a buyer and I need some help to figure out if this is a good deal or not.
I paid $235,000 for the home. Here would be the terms with the buyer:

Sales Price: $315,000 (NOT worth this. Probably worth about 260k)
Down payment: $100,000
Interest rate: 6.75% (option to raise rate in 3 years but not down)
Loan Term: 30 years
Buyers monthly payments: $1,394.49

When I crunch this into Chat GPT is says I am getting a 271.87% ROI. Which over 30 years is about 9%.
It then gives me an annualized ROI CAGR of only 3.1%??? Which sounds horrible. Is this a good or bad deal to you?