Performing Note for Sale — Single Family · Spokane, WA | $545,000

About this deal

Performing mortgage note secured by a single-family home located at 411 W Cataldo Ave, Spokane, WA. Face value $545,000. Note is current; borrower paying on time with a solid equity cushion. Ideal for note investors seeking passive income backed by real property collateral.

The numbers

Cap rate

4.7%

Net operating income

$22,404/yr

Cash flow

+$1,867/mo

Occupancy

71 of 109 units

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