Performing Note for Sale — Single Family · Grand Forks, ND | $195,000

About this deal

First-position performing note on a single-family home in Grand Forks, ND. Balance approximately $195,000. Payments current; 1,936 sq ft of collateral built in 1936. Full due diligence package — payment history, title docs — available upon NDA.

The numbers

Cap rate

5.8%

Net operating income

$29,436/yr

Cash flow

+$2,453/mo

Occupancy

57 of 80 units

Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.