Property Details
- Time to Build
- NA
- State
- TN
- County
- Monroe
- City
- MADISONVILLE
- GPS
- 35.4981, -84.266
- Curent Zoning
- Residential
- General Elevation
- 1,000
- Taxes
- $169.00
- Conveyance
- Warranty Deed
- Sewer
- Needs septic
- Parcel Size (in acres)
- 5.06
- Zip
- 37354
- Title Info
- Richard A. Tarlton
- Access
- Dirt Road
- Terrain
- Some rolling hills, and wooded
- HOA Fees
- NA
- Power
- Has Electric
- Water
- No water
- Phone
- Cell
Transaction Details
| Total Transaction Purchase Price (including closing costs): | $41,800 |
| Anticipated Sale Price: | $70,000 |
| Anticipated Transaction Completion Time (cash in to cash out for equity partner): | 90-180 days |
| Escrow or Notary Acquisition? | Escrow |
| Escrow or Notary Sale? | Escrow |
| Percent of Funding from Partner Required: | 100% |
| Equity Partner Profit Split: | 50/50% |
| Anticipated Budget: | $70,000 (Sale price) - 40,000 (Purchase price) - 1,800 (Closing costs) - 4,200 (Realtor fee at 6%) = 24,000. Funding partner will receive 12,000 |
