Discounted Performing Note — Single Family · Merrillville, IN

About this deal

First-position performing note on a single-family home in Merrillville, IN. Balance approximately $180,000. 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

5.5%

Net operating income

$20,040/yr

Cash flow

+$1,670/mo

Occupancy

74 of 88 units

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

Who can make an offer

The seller only takes offers from buyers who meet these requirements.

• Expert credibility level or higher