Subto Hybrid Deal in Cottontown, TN: Furnished 3BD Home on 5 Acres | 3.5% Interest Rate & No HOA!

2,340

255 South Rd. Cottontown, TN 37048

PROPERTY DETAILS

-3 bd

-2 ba

-2,340 sq ft

-5.03 Acres lot

-1999 build

-NO HOA

TERMS

-Purchase Price: $529,900

-Down payment: $106,000 + CC + TC

SUBJECT TO INFO

Loan #1: 

-Outstanding balance: $ 230,620.62

-Interest rate: 3.5%

-PITI: $1,661.60 

 Loan #2: 

-Outstanding balance: $122,618.81

-Interest rate: 8.99%

-Monthly mortgage payment: $1,018.43

-Seller Finance: $70,660.57 @4.5% interest: Monthly payment $358.03

-4 year balloon- $65,776.81

-Total monthly payment $ 3,038.06

RECOMMENDED EXITS

-LTR: $2,000 - $2500 (Zillow Rent)

-MTR: $2500 - $3,000 (Furnished Finder)

-STR: $3,500 (AirDNA)

OTHER NOTES

-Zoned to allow for another 3/2 unit on the property.

-29 miles to Nissan stadium

-Furnished!

-Expansive open floor plan, ideal for family and friend gatherings.

-New light fixtures and fresh paint throughout the home.

-Upgraded bathrooms featuring beautiful tile flooring, tile showers, and new vanities.

-New flooring upstairs with large bedrooms and spacious closets.

-Easy access to I-65 and just minutes from grocery shopping and White House Greenway.

-Endless possibilities with this move-in-ready home!

-Upgraded kitchen with new stainless steel appliances, granite countertops, new cabinets, and a large island.

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Link to photos  |  Link to mortgage statement