Have a great Note Purchasing opportunity!
I am excited to present a high-yield investment opportunity in the form of a secured note for a property purchase. Below are the key details of the deal:
*Closing Date: October 14, 2024
*Purchase of Newly Originated Promissory Note
Property Information:
- Property Type: Vacant Land
- State: Tennessee
- County: Dickson
- Address: 0 Lucas Rd, Dickson, TN
- Parcel ID: 138 002.00 Lot 1 & Lot 3
- Acres: Lot 1: 5.025, Lot 3: 5.225
Deal Details:
Property Sold Price: $185,000
Down Payment: $37,000 (20%)
Note Amount: $148,000
Interest Rate: 10%, Amortized for Principal and Interest over 20 years
Payout: 5 years from closing
Investment Advantage!
This will result in a 16.8% overall yield, offering an attractive return due to the 20-year amortization structure for principal and interest, generating $71,709.13 over the life of the loan.
This secured note offers a strong yield and reliable monthly payments. I’ve attached the full amortization table for your review, and I would be happy to discuss any details further.
Please feel free to reach out if you have any questions or if you’re interested in moving forward with the purchase of this Note.