Promissory Note for Sale
Sale of $80,000.00 Promissory Note
Interest Rate = 5% per annum
Amortized over 5 years (60 months)
Payments = $1,000.00 per month for first 12 months then $1,651.00 per month for remaining 48 months
Total Payments Received = $91,248.00
Current Sale Price = $52,000.00
Offers must be made no later than March 15, 2021