Really Hot Market Land Flip – R0050903

This project has already been successfully funded. New opportunities are added regularly.

Property Details

  • Time to Build
    NA
  • State
    TN
  • County
    Rutherford County, TN
  • City
    MURFREESBORO
  • GPS
    35.8638026851781,-86.2426470792573
  • Curent Zoning
    Residential
  • General Elevation
    720
  • Taxes
    $241
  • Conveyance
    Warranty Deed
  • Sewer
    Septic
  • Parcel Size (in acres)
    3.18
  • Zip
    37130
  • Title Info
    WILSON SHARPE
  • Access
    Paved access, Driveway already there into the property too
  • Terrain
    Hill and cave
  • HOA Fees
    None
  • Power
    Yes with a power line drop already in
  • Water
    Old well there
  • Phone
    None

Transaction Details

Total Transaction Purchase Price (including closing costs): $42000
Anticipated Sale Price: $99000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 90 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: $99,000-42,000=49,000, 49000/2 = 24,500 each

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