Purchase Price: $600,000
Seller Financing: $500,000 @ 3% interest, 40-yr amortization
Balloon Term: 5 years (extendable to 7)
Monthly Debt Service: ~$1,719 (P&I)
Monthly Taxes & Insurance (escrowed): ~$850
Total Monthly Cost: ~$2,569
Exit Strategy:
Strategy: Furnished mid-term or
corporate rental
Projected Gross Income: $4,500–
$6,000/month
Estimated Net Cash Flow:
$1,500+/month
Target Tenants: Traveling
professionals, insurance relocations,
healthcare staff