💰 Financing Terms
Purchase Price: $210,000
Down Payment: $20,000
Loan Amount: $190,000
Interest Rate: 9% (fixed)
Term: 5-year balloon payment
Estimated Monthly Payment: Approx. $1,528 (based on 30‑year amortization; balloon due in year 5)
✨ Property Highlights
5 bedrooms, 2 bathrooms, approx. 1,624 sq ft
Built in 1900, on a 0.5‑acre lot with multiple sheds & large fenced yard Xome+13Zillow+13Zillow+13ReeceNichols+1remax-midstates.com+1
Wrap‑around porch, huge deck, separate dining room, main‑floor bedroom and laundry Zillow+1Zillow+1
Tenant‑occupied with rental income of approx. $1,600/month (lease ends 9/30/25) Zillow+1Zillow+1
🏗️ How the Wrap Loan Works
Buyer pays $20,000 down payment
Monthly payments at 9% interest over 30 years amortization
Balloon payment due in 5 years — buyer can refinance or pay off
📈 Why Owner Financing?
No bank qualification required
Ideal for buyers with income but imperfect credit (NO CREDIT CHECK)
Build equity instead of paying rent
Fast closing without lender delays
📞 Contact Today
Lauren Berryman
📱 816‑724‑6679
✉️ info.lbfaithfulteam@gmail.com