Property ID

Market Value $300,000.00 Max Interest Rate in CA is 10 https://privatelenderlink.com/guide/california-usury-law/ Loan Servicing: Madison Management https://www.madisonmanagement.net/
CASH PRICE $175,000.00
Seller Financing
$175,000.00
Price
Purchase Price $60,000.00

PV N I PMT $382.20 Annual $420.00 Annual $2,000.00

Realtor
Commission.
Principal & Total Amount Less Escrow, COC Return.
Total Down If none, TOTAL Less Net Profit if
Document Down Amount Term length Interest Loan Received Title & Misc Amt of time to
SF Price Pymt Due Interest Rate Taxes Insurance remove MONTHLY Acquisition loan goes full
Fee Payment Financed in months Monthly Servicing Fee over length of Costs (Ticor = make back my
Today amount from PAYMENT Cost term
Payment term 10% of PP) investment
monthly
payment

$175,000.00 $500.00 $ 59,500.00 $60,000.00 115,000.00 360 10.00% $1,000.87 $25.00 $31.85 $35.00 $5.56 $1,098.28 $360,313.20 $60,000.00 $17,500.00 $342,813.20 1
$175,000.00 $500.00 $ 59,500.00 $60,000.00 115,000.00 240 9.00% $1,026.98 $25.00 $31.85 $35.00 $8.33 $1,127.16 $246,475.20 $60,000.00 $17,500.00 $228,975.20 0
$175,000.00 $500.00 $ 59,500.00 $60,000.00 115,000.00 120 8.00% $1,386.03 $25.00 $31.85 $35.00 $16.67 $1,494.55 $166,323.60 $60,000.00 $17,500.00 $148,823.60 0
$175,000.00 $500.00 $ 59,500.00 $60,000.00 115,000.00 60 7.00% $2,263.93 $25.00 $31.85 $35.00 $33.33 $2,389.11 $135,835.80 $60,000.00 $17,500.00 $118,335.80 0

$175,000.00 $500.00 $ 49,500.00 $50,000.00 125,000.00 360 10.00% $1,087.90 $25.00 $31.85 $35.00 $5.56 $1,185.31 $391,644.00 $60,000.00 $17,500.00 $364,144.00 9.19
$175,000.00 $500.00 $ 49,500.00 $50,000.00 125,000.00 240 9.00% $1,116.29 $25.00 $31.85 $35.00 $8.33 $1,216.47 $267,909.60 $60,000.00 $17,500.00 $240,409.60 8.96
$175,000.00 $500.00 $ 49,500.00 $50,000.00 125,000.00 120 8.00% $1,506.55 $25.00 $31.85 $35.00 $16.67 $1,615.07 $180,786.00 $60,000.00 $17,500.00 $153,286.00 6.64
$175,000.00 $500.00 $ 49,500.00 $50,000.00 125,000.00 60 7.00% $2,460.80 $25.00 $31.85 $35.00 $33.33 $2,585.98 $147,648.00 $60,000.00 $17,500.00 $120,148.00 4.06

$175,000.00 $500.00 $ 39,500.00 $40,000.00 135,000.00 360 10.00% $1,174.93 $25.00 $31.85 $35.00 $5.56 $1,272.34 $422,974.80 $60,000.00 $17,500.00 $385,474.80 17.02
$175,000.00 $500.00 $ 39,500.00 $40,000.00 135,000.00 240 9.00% $1,205.59 $25.00 $31.85 $35.00 $8.33 $1,305.77 $289,341.60 $60,000.00 $17,500.00 $251,841.60 16.59
$175,000.00 $500.00 $ 39,500.00 $40,000.00 135,000.00 120 8.00% $1,627.08 $25.00 $31.85 $35.00 $16.67 $1,735.60 $195,249.60 $60,000.00 $17,500.00 $157,749.60 12.29
$175,000.00 $500.00 $ 39,500.00 $40,000.00 135,000.00 60 7.00% $2,657.66 $25.00 $31.85 $35.00 $33.33 $2,782.84 $159,459.60 $60,000.00 $17,500.00 $121,959.60 7.53
 Contract For Deed / Purchase Money
Info from Jack Bosch
Good tool to use when buyer can't get regular financing Land Contract Mortgage
Yes
or can't qualify
Installment Agreement per IRS Yes
Begin making payments against purchase price
immediately
Interest Rate involved
Immediately upon close
Title Transfers When paid in full
Seller claims unless of escrow
Depreciation
negotiated otherwise
Mortgage Interest
Tax notices go to Seller
County notices go to Seller
Address on file Seller
Foreclosure - check
Foreclosure or Eviction
state's procedure

Info from Cashflow Diary - J Massey Buyer Owns Property Buyer Has Use Rights
Note / Land Contract Installment Sale (Contract for
No Yes
Deed)
Lease Purchase No Yes
No - not until option is No - not until option is
Option
exercised
No - not until option is Yes. exercised
(leverage use
Lease Option (Sandwich Lease)
exercised without debt)
 Maintains
control -
If buyer county & tax
When Does Eviction or defaults then notices sent to Focus on
Once fully Recorded? Buyer
If buyer not Seller
Depreciation Low
Best Usedollar Notes
Title Transfer Foreclosure foreclosure seller. & problem
At Close
paid. of
Remind properties.
Yes Foreclosure defaults then Depreciation
eviction. Mortgage &
w/Seller. Mortgage
Escrow
Escrow to not Make option to Interest
eviction. go to Buyer can't get
No Eviction Principal Mortgage Works well if
provide deed bereduction
as long as Interest
Principal seller unless financing
go to sellercashflow
wants
until fully paid possible.
reduction
w/each pymt Makenegotiated
seller unless Can't
option to income stream
for. Option
w/each pymt benegotiated
otherwise property but
Eviction as short as vswant
pile to
of own
cash
payment does otherwise
possible
not apply eventually.
towards
principal
Sample: $9500 Cash or $11,196 Seller Financing + $500 Docume
Term
Down Interest Monthly
Length in
Payment Rate Payment
months
$500.00 12.90% $254.17 72
$1,000.00 11.90% $183.32 72
$2,500.00 10.90% $206.81 60
$5,000.00 8.90% $146.49 60
$500.00 12.9 154.63 36

This sample was taken from one of the training videos

nancing + $500 Document Fee
Total Due
Today
$1,000.00 $18,300.24
$1,500.00
$3,000.00
$5,500.00
$1,000.00