Personal payment commitment
Alphonso proposes to cover the $1,000 monthly payments personally, including during slow rental months. Payments are not intended to depend solely on that month’s rental receipts.
A PLACE TO ESCAPE. AN OPPORTUNITY TO PARTICIPATE.
A little closer
to the extraordinary.
A proposed investment in an existing Smoky Mountains vacation rental, combining temporary ownership, monthly interest and a defined buyback price.
Explore the partnership ↗229 PARROTTS LANDING WAY
SEVIERVILLE, TN 3787601 / A DIFFERENT VIEW OF OWNERSHIP
SEVIERVILLE, TN 3787601 / A DIFFERENT VIEW OF OWNERSHIP
THE OPPORTUNITY
Share in a place
worth coming back to.
A proposed $120,000 investment with 25% temporary ownership.
The proposed hybrid structure pairs a 25% ownership interest with 10% annual interest, paid at $1,000 per month over a 36-month term. A fixed $120,000 buyback would return the entire 25% interest upon completed payment, with no additional appreciation payment.
Private proposal for review. These are proposed terms, not an executed agreement; closing is subject to diligence, legal documentation and applicable approvals.
01 / THE PROPERTY
Cabin character.
Lake-country living.
A tangible property.
A guest-ready setting.
The existing property package describes approximately 3,000 square feet, four bedrooms and three-and-a-half bathrooms, marketed for up to 10 guests.
4Bedrooms
3.5Bathrooms
3,000Approx. sq. ft.
10Marketed guest capacity
Property descriptions are drawn from the existing package and rental listing. Current condition, capacity, permits and operating compliance require confirmation.
AT THE WATER’S EDGE
Lake days.
Slower evenings.
The existing rental package includes dock and lake access, a hot tub, recreation room and outdoor fire pit.
Lake levels and dock access vary seasonally. Amenities and access rights should be verified during diligence.
02 / THE PROPOSED HYBRID STRUCTURE
Monthly interest.
A defined buyback.
A 36-month proposal combining a temporary ownership interest with fixed monthly interest payments and a fixed-price repurchase.
PROPOSED INVESTMENT$120,000
25% temporary ownership
36-month term
Annual interest10% · interest-only
Monthly payment$1,000 · personally covered by Alphonso
Fixed buyback$120,000 for the entire 25% interest
Appreciation paymentNo additional appreciation payment
Early buyoutPermitted without a prepayment penalty
The $120,000 is the proposed gross investment, not confirmed net seller proceeds. Allocation of proceeds, transaction costs and all binding obligations will be set out in the final documents.
MONTHS 1–35$1,000 / month
Monthly interest-only payments.
MONTH 36$121,000
$120,000 buyback plus the final $1,000 interest payment, if paid together.
FULL 36-MONTH TERM$156,000
Total cash repayment: $36,000 interest plus the $120,000 fixed buyback.
Illustration assumes all 36 monthly interest payments and the scheduled buyback are completed, with no early buyout. The ownership interest does not expire automatically at month 36; the entire 25% returns through the documented buyback upon completed payment.
A fixed-price return of ownership
The proposed $120,000 buyback returns the entire 25% interest, with no additional appreciation payment. An early buyout is allowed without penalty; payment timing and transfer mechanics will be documented.
A planned path to exit
The intended buyout would be funded through a refinance or property sale. Neither is assured. Preserving the existing first mortgage remains subject to lender approval and the final transaction structure.
Management, voting, reporting, default remedies and any other ownership rights require agreement; no additional rights are established by this proposal. Any off-season stays are proposed perks only, with availability and terms still to be agreed.
03 / THE FINANCIAL PICTURE
Evidence first.
Economics second.
A dated snapshot of the property’s value, financing and reported rental receipts.
Automated estimate · August 31, 2026
Regions · August 17, 2026
Regions · August 17, 2026
Owner-reported · September 2026 package
Gross receipts before operating expenses and debt service.PRIVATE PLANNING ARITHMETIC
$349,828.41 gross indicative equity
Indicative value of $918,400 less historical mortgage principal of $568,571.59.
Read the source notes & current-status limitations +
Valuation: Fannie Mae Property Valuation Estimate Report ordered August 31, 2026 at 18:50:20 ET for 229 Parrotts Landing Way, with a Regions cover letter dated August 31. The $918,400 as-is figure is automated, not a licensed appraisal; confidence score 4 (1 highest). Its stated purpose is the servicer’s mortgage workout, with restricted loan-application use. Raw restricted records are not reproduced here. The prior $985,000 owner estimate is not used in this draft.
Mortgage: Regions statement dated August 17, 2026: principal $568,571.59; rate 3.444%; regular payment $3,784.93, including $1,024.06 escrow. The statement showed $29,003.07 due and delinquency at that date. That amount is historical, not a current reinstatement figure. Modification application materials do not establish an approved modification or resolved arrears.
Property and operations: Descriptions, photographs and the reported $5,750 monthly gross rental revenue come from the existing September 2026 property package and its linked rental listing. The operating figures require trailing-12-month verification.
Draft basis: This page incorporates the owner-approved proposed hybrid terms and the later-verified automated valuation reference. Current lender, title, operating and independent valuation evidence is still required; the proposal is not an executed agreement.
A MORE PERSONAL KIND OF PARTICIPATION
The setting is real.
The terms deserve care.
Important considerations
The proposed personal payment commitment does not eliminate payment or capital-recovery risk. Property performance, borrower resources and the ability to refinance or sell can affect repayment. A minority interest may have limited control and no ready resale market. Final documents must address enforcement, default and ownership transfer; no repayment or exit is guaranteed.