Property Details
- Time to Build
- n/a
- State
- TN
- County
- Madison
- City
- Jackson
- GPS
- 35.654660, -88.806752
- Curent Zoning
- Residential
- General Elevation
- 530
- Taxes
- $341 & 208
- Conveyance
- Warranty Deed
- Sewer
- Public
- Parcel Size (in acres)
- 4.7a & 2a
- Zip
- 38305
- Title Info
- Owned by one gentleman on a warranty deed
- Access
- Paved street access
- Terrain
- Flat
- HOA Fees
- n/a
- Power
- Public
- Water
- Public
- Phone
- Public
Transaction Details
| Total Transaction Purchase Price (including closing costs): | $44K |
| Anticipated Sale Price: | $62K |
| Anticipated Transaction Completion Time (cash in to cash out for equity partner): | 3-4 months |
| Escrow or Notary Acquisition? | Escrow |
| Escrow or Notary Sale? | Escrow |
| Percent of Funding from Partner Required: | Assignment fee of $5k or 100 funding% |
| Equity Partner Profit Split: | 50/50% |
| Anticipated Budget: | $If partnering : 62,000 (sales price) - 42,500 (purchase price)- 1500 (closing costs) = 18k profit = 9,000 to each partner. |
