50 E Cove Rd, Monterey, TN 38574#
Monterey, TN 38574 | Putnam County
Key Metrics#
| Metric | Value |
|---|
| Investment Score | 77/100 |
| Asking Price | $14,900 |
| Acreage | 1.5 acres |
| Price/Acre | $9,933/ac |
| County Median $/Ac | $31,176/ac |
| vs County Median | 31.9% |
| Days on Market | 215 |
| Flood Zone | Unknown |
| HOA | Unknown |
| Broker | Cumberland Mountain Realty |
| Listing Type | FSBA |
Motivation Signals#
- 215 days on market
- Absentee owner
Offer Strategy#
| Level | Offer Price | % of Asking |
|---|
| Aggressive | $7,450 | 50% |
| Standard | $8,940 | 60% |
| Conservative | $10,430 | 70% |
Owner-Finance Projections#
Based on buying at $8,940 (standard offer), selling at 10% interest over 7 years
| Metric | Value |
|---|
| Sale Price (2.5x) | $22,350 |
| Down Payment (15%) | $3,352 |
| Financed Amount | $18,998 |
| Monthly Payment | $315 |
| Total Cash Received | $29,845 |
| Total Invested | $9,340 |
| Gross Profit | $20,505 |
| ROI | 220% |
Due Diligence Links#