707 Rugby La Vergne TN 37086

Beautiful 1250 Sq/Ft, 3 bedoom 2 bath RENT TO OWN House In La Vergne TN

Property Features:

  • Fireplace
  • Freshly Painted
  • New Shades
  • Dishwasher
  • New Carpet
  • New Linoleum
  • Stove
  • Storage Shed
  • Fenced in Backyard

living room with fire place

bathroom image

dining area image

kitchen area image

Livingroom area

Rent is $925 month – Option fee $2,900

There is a $50.00 application fee per person

 

Lease/Purchase

The lease purchase option allows the buyer the opportunity to purchase this home in 2 years while you earn equity each month.

You sign a 2 year lease with the option to buy during the lease for $115,000.

The rent is $925 a month – $100 each month will be credited toward purchase when you execute your option.

The option fee is $2900.  This guarentees you the sales price $115,000 during the option term.  This also goes towards the purchase price.

This option fee is payable upon move-in and must be either cash or certified funds.

Example:
$115,000  guarenteed sales price
$   2,900  option fee
$__2,400  month credit
$109,700  Balance at the end of the 2 year option

To move in you would need the $2900 option fee plus the 1st month rent of $925 for the total of $3,825.

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