Property Details
- Time to Build
- NA
- State
- Washington
- County
- Kitsap
- City
- Port Orchard
- GPS
- 47.4762069097992,-122.524629611098
- Curent Zoning
- Residential
- General Elevation
- 5
- Taxes
- $47.4762069097992,-122.524629611098
- Conveyance
- Warranty Deed
- Sewer
- Septic with perk test on record
- Parcel Size (in acres)
- 13
- Zip
- 98367
- Title Info
- John Solomon
- Access
- Drive up access
- Terrain
- Beach Front
- HOA Fees
- NO
- Power
- Yes
- Water
- Water line and Water Wells
- Phone
- Yes
Transaction Details
| Total Transaction Purchase Price (including closing costs): | $402000 |
| Anticipated Sale Price: | $1200000 |
| Anticipated Transaction Completion Time (cash in to cash out for equity partner): | 180 Days |
| Escrow or Notary Acquisition? | Escrow |
| Escrow or Notary Sale? | Escrow |
| Percent of Funding from Partner Required: | 6.25% |
| Equity Partner Profit Split: | 70/30 Investor/Luke% |
| Anticipated Budget: | $1,200,000 - 400,000 = 800,000, 800,000 * .7 = 560,000, 800,000 * .3 = 240,000 @ 1/16th 50,000 * .7 = 35,000 |
