Deal Description

• 17941 SE Main St - $650,000 - $1,875/mo - Tenant pays water/sewer
  
• 1214 SE 179th Ave - $430,000 - $1,895/mo - Tenant pays water/sewer
  
• 1210 SE 179th Ave - $515,000 - $2,495/mo - Tenant pays water/sewer
  
• TOTAL PACKAGE - $1,595,000 - $6,265/mo - Gross rental income

Option A: Lower Interest, Higher Down

• Down Payment: $400,000
  
• Loan Amount: $1,195,000
  
• Interest Rate: 5.0% (Interest Only)
  
• Monthly Payment: $4,979.17
  
• Balloon Term: 3 years
  
• Extension Option: Add 2 years for $7,500; rate increases to 8.0%
  
• Loan Origination Fee: 1% ($11,950) paid by buyer
  
• Cash Flow (Before Expenses): + $1,285.83/mo
  
• Yes Positive monthly cash flow and strong equity position 

Option B: Higher Interest, Lower Down (Breakeven Structure)

• Down Payment: $250,000
  
• Loan Amount: $1,345,000
  
• Interest Rate: 5.59% (Interest Only)
  
• Monthly Payment: $6,265.00
  
• Balloon Term: 3 years
  
• Extension Option: Add 2 years for $7,500; rate increases to 8.0%
  
• Loan Origination Fee: 2% ($26,900) paid by buyer
  
• Cash Flow (Before Expenses): $0.00 (breakeven)
  
• Yes Break-even structure for no out-of-pocket monthly loss

STRUCTURE & TERMS

• One promissory note secured by all three properties (cross-collateralized)
  
• Seller to pay for attorney-prepared docs and third-party servicing setup from buyer-paid loan origination fee
  
• No prepayment penalty
  
• Note servicing required
  
• Buyer may exercise 2-year extension with fee and interest rate adjustment
  
• 17941 SE Main St must be paid off and removed from the portfolio with construction financing before any redevelop-
• In the event of default and foreclosure, seller is entitled to all permits and due diligence materials
  
• Buyer agrees to sign a Deed in Lieu of Foreclosure at closing, held in escrow 

INVESTOR TAKEAWAY

This portfolio is fully rented, has tenants covering utilities, and offers seller carry options that work for both
cash-flow buyers and investors with a value-add or exit strategy. Option A pencils for long-term hold
investors. Option B is ideal for buyers with upside plans (rent increases, appreciation, refinance, etc.).