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Note Sale
2259 Humanity St
$195000 UPB | Performing
Listing Contacts
Best Mortgage & RealtyLicense: FL 3306745
Active
Asking Price: $190,000
Earnest Money Deposit: $5,000 min.
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Address
2259 Humanity St, New Orleans, LA 70122
Show on MapDate Added
Feb 22, 2025
Days on Market
64 days
Time Since Last Update
12 days
Loan Details
Loan StatusPerforming
Origination UPB$208,000
Current UPB$208,888
Collateral Details
Property TypeNote/Loan
Subtype1-3
Marketing Description
Note / mortgage for sale.
Fully renovated 3 BR 3 baths house rented for $2,000 per month.
Ten years interest only payments. New secured mortgage note for sale.
Principal loan amount $195,000
Interest rate is 12%
Note sale price: $190,000
House appraisal is $244,000
Note is secured by first lien on the house.
House address is 2259 Humanity St, New Orleans, LA 70122
House is rented by the note holder who is paying $2000 per month.
Rent is below market rate and the tenant will not move out.
You will own the whole note of $195,000, receive automatic monthly bank deposits of $2000 for 5 years and then the whole loan balance of $195,000 for a total of a total of $315,000 which is much better and more secure than any stock, bond or other investment.
Please contact Sam by email at Sam@bstncapital.com or by phone at 407-595-9010
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Property History
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Due Diligence
Listing Contacts
- Best Mortgage & RealtyLicense: FL 3306745
Schedule a Tour
In Person
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