Owner financing 1st time, is it worth it??!!

[Kristi Bass]

I have a property that I bought at a huge discount 2 years ago. It's paid for. I have rehabbed it and completely gutted it and created a really cool 3/1. I have a couple who wants to have me owner finance it. I have approx 45k in it. Think I could list and sell it for 75k but would have all closing costs & realtor fees. So may only walk with approx 68k & So I'd make approx 23k & move on. I have done the calculations and if I sell the property for 80,000 they put 12,000 down and I carried the note for 10 years at 10% interest the payments will be $815 a month roughly. I am not adding in property taxes or insurance as this bumps the monthly payment so high. I really could use the money out of the house for another project that I'm trying to invest in however it seems so lucrative to do this and put it on my books is cash flow. Good opportunity I don't know the pitfalls doing an owner finance versus a rental but I'm open to any suggestions or advice, please help!