PLPARROTTS LANDINGDOUGLAS LAKE · TENNESSEE
Aerial photograph of Parrotts Landing, its wooded setting and Douglas Lake

A PLACE TO ESCAPE. AN OPPORTUNITY TO PARTICIPATE.

A little closer
to the extraordinary.

An existing Smoky Mountains vacation rental. A $150,000 eight month secured capital loan with 15% annual simple interest and one $165,000 balloon repayment at maturity.

Explore the secured capital loan terms ↗
229 PARROTTS LANDING WAY
SEVIERVILLE, TN 37876
EIGHT MONTHS · 15% ANNUAL SIMPLE INTEREST · $165,000 AT MATURITY

THE OPPORTUNITY

A distinctive place.
A secured capital loan.

One investment. One eight month horizon.

A proposed $150,000 secured capital loan for Parrotts Landing, an established vacation rental near Douglas Lake. Interest accrues at 15% annually on a simple interest basis for eight months. Principal and $15,000 total interest are repaid together in one $165,000 balloon payment at maturity.

01 / THE PROPERTY

Cabin character.
Lake-country living.

View the existing rental listing ↗
Cedar log cabin exterior surrounded by trees
Three stories of cabin living in Sevierville, Tennessee.

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
Floating dock connected by stairs to the wooded shoreline

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.

02 / THE SECURED CAPITAL LOAN

Simple interest.
One maturity payment.

A $150,000 investment over eight months. No scheduled monthly payments. Principal and interest are paid together at maturity.

PROPOSED LOAN PRINCIPAL$150,000

Eight month term
One balloon repayment at maturity

Annual simple interest15%
Total interest$15,000
Term8 months from funding
Balloon repayment$165,000 at the end of month 8
DocumentationSigned promissory note
MONTHS 1 THROUGH 7$0 scheduled

Simple interest accrues. No monthly payments.

MONTH 8 · BALLOON REPAYMENT$165,000

$150,000 principal plus $15,000 total interest.

FULL EIGHT MONTH TERM$15,000

$150,000 × 15% × 8 ÷ 12 = $15,000 simple interest.

03 / THE FINANCIAL PICTURE

A tangible asset.
A financial snapshot.

Property figures from the existing owner-supplied financing package.

REGIONS PROVIDED AUTOMATED VALUATION$918,400

Fannie Mae AVM · August 31, 2026

REPORTED MORTGAGE BALANCE$568,571.59

Regions statement · August 17, 2026; not a current payoff

REPORTED MONTHLY RENTAL REVENUE$5,750/ mo.

Gross revenue before expenses and debt service

LOAN TERM8 months

$165,000 balloon at maturity

INDICATIVE EQUITY BEFORE PROPOSED LOAN$349,828.41

$918,400 valuation less $568,571.59 mortgage principal

AFTER $150,000 LOAN PRINCIPAL$199,828.41

Illustrative combined principal: $718,571.59, or 78.24% of valuation

Table setting with wine and strawberries on the cabin's covered porch

EXPLORE THE WHOLE PROPERTY

A closer look.
A place apart.

View the complete Airbnb photo gallery ↗

LET’S START A CONVERSATION

The next step
is personal.

Alphonso Dormun

Property owner · Direct contact

alphie253@gmail.com ↗

678-575-1573