Contract4Deed
20 Acres — Pine Plantation, Lake Oconee Reach
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Greensboro, Greene County, Georgia

20 Acres — Pine Plantation, Lake Oconee Reach

20 acres· $64,000 askingAvailable

Starting at

$721.88/mo

  • $6,400 down
  • 10-year term
  • 8.75% APR fixed
  • 0% platform commission

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Effective APY

8.75%

Fixed for the full term

Days to deed

3,650

10 years on the dot

Monthly payment

$721.88

10.0% down

Equity at payoff

$64,000

In 120 months · 10 years

Cost of financing

$29,026

Total: $93,026

Equity growth

Your stake over the contract lifetime

+$57,600

from down to deed

Deed · May 2036
$64,000
Down payment$6,400 · 10.0%
$3,200 – $32,000
Advanced · adjust term & rate
Term120 months · 10 years
2 – 20 years
Interest rate8.75% APR · fixed
6% – 14%
Make this deal$721.88/mo
Continue

Next: 3-field form, then review your contract and sign.

Backwards calculator

Target a monthly payment, see the down payment required at the seller's terms (8.75% APR · 120 months).

Down required

What if there's a balloon?

Some owner-finance deals require the unpaid balance in a lump sum after a few years. See what the balloon would look like at common terms.

Educational only · does not modify the seller's contract.

The parcel

Twenty acres of established loblolly pine, last thinned 2022. County road frontage, perimeter fencing, an interior trail loop. Ten minutes from Lake Oconee. Income from timber rotation, build site at the front-left corner.

Features

  • Established loblolly pine, last thinned 2022
  • Perimeter fencing intact
  • Interior trail loop
  • County road frontage
  • 10 min from Lake Oconee

Legal description

Tract 7 of the Oconee Pines Subdivision, Land Lot 113 of the 14th District, Greene County, Georgia, containing 20.00 acres more or less.

Parcel ID: DEMO-GRE-13579

  • Drafted under O.C.G.A. § 44-14
  • Memorandum recorded with the county
  • Possession at signing
  • No prepayment penalty
$721.88/mo0% commission
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