Commercial · MI · Commercial
Asking price
$76,900
Price / balanceWhat you'd pay per $1 of remaining (unpaid) loan balance. Buying below the balance ('at a discount') is how note buyers boost yield above the note's interest rate.
73¢on the $1
27% below balance
Est. yield at askingThe annualized yield (IRR) a buyer would earn paying the asking price for this note's remaining payments, computed from the stated terms. An informational estimate — not investment advice. Use the calculator below to run your own price.
~13.43%
Annualized — auto-calculated
Performance
Interest rate
Loan to value
Monthly payment
Payments left
≈ 16y 2m
Lien position
Conventional private note, simple structure. Well-kept commercial in Detroit, MI. Reperforming after a brief hardship in 2023; current and steady since. Selling to free up capital for the next project.
Note rate 8.74% · $767/mo · 16y 2m left
Includes a balloon payoff of $105,133 at month 194.
The remaining schedule a buyer receives — it amortizes the current balance (UPB) of $105,266 at the note rate, not the original balance (those earlier payments went to the prior holder).
Tap or hover a month to inspect it. Over these 12 months, $4 goes to principal and $9,200 to interest.
Calculated from the note's stated terms and the purchase price you enter. These figures are not investment advice and not a Note Central projection of returns. Verify all terms during due diligence.
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©2026 Note Central. All rights reserved. Information herein is provided by the seller and deemed reliable but not guaranteed — verify all information independently. Generated on 06/17/2026