St. Michael's School, AZ homes for sale & real estate

St. Michael's School, AZ Homes for Sale

SELLER FINANCING Income property. 6 Tenants. Recently remodeled interior. Expenses: Net Expenses = $961 (not including mortgage or insurance) | Income: Total Monthly income: $5,050.00 Net Income: $4,089/month PNL available upon request. Sale Options: Option1: $600k traditional sale Option2: Sale Price $550,000 Down Payment 12% $66,000 Current mortgage $312,410.92
Current mortgage payment $2,591.37 month 
Balance Seller financing $238,000 
Less the downpayment $66,000 Seller finance balance: 172,000 Divided by 360 mo (30 years) : $477.77/mo (10 years $57,333 in repayments) 
Ballon payment $114,666 (after 10 years) * * * * * * * * Net Income: $1,020.23/month * * *