Oklahoma Land Note — 73.3% Payout

$38,387

Note Balance

73.3%

of Balance Paid

5 Acres

Pawnee County, OK

Deal Structure

Property5 acres — Oklahoma
Property Value$50,000
Buyer Down Payment$10,000 (20%)
Note Created$38,387
Interest Rate10.9%
Term96 months (8 years)
Monthly Payment$601.02

Seller Payout

Buyer Down Payment$10,000
Note Sale to Damen Capital$28,122
Total Cash at Closing$38,122
Payout (% of Note Balance)73.3%

Glenpool, Oklahoma — Pawnee County

A 5-acre property in Pawnee County, Oklahoma was sold with seller financing. The buyer had a 706 credit score and put down 20%. Damen Capital purchased the resulting note for 73.3% of the balance. The buyer's solid credit score and standard down payment made this a straightforward transaction.

A buyer credit score above 700 combined with 20% down creates a strong note. This deal's 0.59 ITV gave the note buyer comfortable equity protection.

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