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Tennessee Seller Net Sheet Calculator

Estimate how much you'll walk away with after selling your Tennessee property. A seller net sheet accounts for commissions, closing costs, and mortgage payoff to show your true bottom line.

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Sale Details

Agent Commissions

Total Commissions$19,000

Closing Costs

Total Closing Costs$5,500

Additional Costs

Tennessee Market Context

Avg Cap Rate

5.8%

Median Price

$380K

Property Tax

0.46%

Vacancy Rate

8.2%

Local Factors

  • -No state income tax on wages makes it attractive for renters and investors
  • -Nashville is a top migration destination with strong job growth but rising prices
  • -Memphis offers high cash-flow potential but requires active management

Estimated Net Proceeds

$127,500

Strong Position
Sale Price$380,000
Mortgage Payoff−$228,000
Total Commissions−$19,000
Closing Costs−$5,500
Cost of Sale6.4% of sale price
NET PROCEEDS$127,500
Net Proceeds$127,500
Mortgage Payoff$228,000
Commissions$19,000
Closing Costs$5,500
Credits & Repairs$0

What does this mean?

Excellent equity position. Your net proceeds represent a significant return on your original investment. Consider a 1031 exchange to defer capital gains if reinvesting in real estate.

What Is a Seller Net Sheet?

A seller net sheet is a detailed estimate of how much money you'll actually receive after all the costs of selling your home are deducted from the sale price.

Common seller costs include: real estate agent commissions (typically 5–6% split between listing and buyer's agents), title insurance, escrow fees, transfer taxes, recording fees, attorney fees, and any repair credits negotiated with the buyer.

Pro tip: After the 2024 NAR settlement, buyer agent commissions are no longer automatically included in the listing agreement. Sellers may negotiate what — if anything — they offer toward the buyer's agent commission.

Don't forget to account for capital gains tax if applicable. If you've lived in the home as your primary residence for at least 2 of the last 5 years, you may exclude up to $250K (single) or $500K (married filing jointly) in gains from federal taxes.