Introducing Golf Club Road— a newly built home designed with modern living in mind, nestled in the growing community of Madison, TN. This 4-bedroom, 2.5-bath property offers a harmonious blend of stylish comfort and smart investment potential. Huge Appreciation (Estimated currently at 3.5% per year growth) .

Boasting 2,069 sq ft of beautifully finished living space, the home features a contemporary kitchen, open living and dining areas, and generously sized bedrooms, making it perfect for investors looking to attract long-term renters. With a 2-car garage and thoughtfully landscaped outdoor space, this property offers everyday convenience and upscale curb appeal.

Owner Financed Purchase Option Term Sheet

1809 Golf Club  |  Nashville, Tennessee

This term sheet summarizes proposed terms for occupying 1809 Golf Club under a five-year purchase option, with seller financing if the option is exercised and the sale closes. The proposed rental prices compound annually at 3.5% from the $569,900 starting sales price. This is a discussion draft for review and preparation of definitive written agreements.

Property overview

The Property is identified as 1809 Golf Club, Nashville, Tennessee, based on the address provided. The street suffix, parcel number, and full legal description must be confirmed in definitive documents. Property condition and features are not specified in this term sheet.

Purchase price schedule

Proposed purchase prices are calculated by compounding the $569,900 starting sales price at 3.5% annually from move-in. Amounts are rounded to the nearest cent and are proposed contract prices, not an appraisal.

Annual rent schedule

Owner financing at purchase

If purchaser exercises the option and the sale closes, seller will finance the remaining purchase balance. The $20,000 option-fee credit and any accrued on-time payment credits will be applied at closing to reduce the balance to be financed. The interest rate, amortization period, monthly principal-and-interest payment, first payment date, maturity or balloon payment, prepayment terms, title-transfer structure, security instrument, and default and cure terms remain to be agreed in definitive documents.

Credits at purchase closing

Option fee credit. The $20,000 option fee is due upon signing and is non-refundable. If purchaser exercises the option and completes the purchase, seller will credit $20,000 toward the purchase price at closing; otherwise, seller retains the fee.

On-time payment credit. Seller will credit purchaser $200 for each month in which the scheduled monthly rent is paid on or before the 5th. A payment after the 6th is late, incurs the $300 late fee, and resets accrued monthly payment credits to $0. Credits resume the following month at $200 for each subsequent rent payment made on or before the 3rd. Credits apply to the purchase price at closing and reduce the balance to be financed.

Example. If purchase closes after 36 months and all 36 monthly payments were timely, the Year 3 purchase price of $631,858.32 would be reduced by the $20,000 option-fee credit and $7,200 in monthly credits, leaving an illustrative seller-financed balance of $604,658.32 before interest, closing costs, or other adjustments.

Items for definitive documents

Other property costs. Specify responsibility for utilities, maintenance, taxes, insurance, and repairs.

Option and financing documents. Specify exercise notice, closing timeline, interest and repayment terms, title transfer and security documents, taxes and insurance, and default and cure procedures.

Nonbinding discussion draft

This term sheet is a summary of proposed business terms for discussion and attorney review. It is not a purchase agreement or option contract and does not itself grant a right to occupy or purchase the Property. Any binding obligations are subject to execution of definitive written agreements by all required parties.