Kentucky Land Note — 87.2% Payout

$22,261

Note Balance

87.2%

of Balance Paid

3 Acres

Adair County, KY

Deal Structure

Property3 acres — Kentucky
Property Value$34,300
Buyer Down Payment$6,860 (20%)
Note Created$22,261
Interest Rate10.9%
Term60 months (5 years)
Monthly Payment$595.24

Seller Payout

Buyer Down Payment$6,860
Note Sale to Damen Capital$19,403
Total Cash at Closing$26,263
Payout (% of Note Balance)87.2%

Columbia, Kentucky — Adair County

The seller had a small 3-acre parcel in Adair County that they sold with seller financing. With 20% down from the buyer and a clean note structure, Damen Capital purchased the note for 87.2% of the balance — giving the seller nearly all of the sale proceeds as cash at closing.

Even small notes can deliver strong payouts when the deal is structured correctly. The 20% buyer down payment and reasonable ITV made this an easy purchase for Damen Capital.

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