Real Estate

6513 Shelter Cove Dr, Hixson, TN 37343

Property Details for 6513 Shelter Cove Dr, Hixson, TN 37343

Property Detail Name Property Detail Value
Address 6513 Shelter Cove Dr, Hixson, TN 37343
Property Type Single Family
Price $989,000
Price Change -$100,000
Tax Assessed Value $584,300
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 5.0
Living Area 3,317.0
Lot Area 0.71
Lot Area Unit ACRES
Year Built 2023

Financial Summary for 6513 Shelter Cove Dr, Hixson, TN 37343

Financial Metric Name Financial Metric Value
Cash on Cash Return -10.7%
Monthly Rent $4,037
Net Operating Income $3,713
Cap Rate 4.5%
Monthly Cash Flow -$1,759
Gross Rent Multiplier 20.4
Debt Service Coverage Ratio 0.7
Principal and Interest $4,978
Tax $494
HOA Fees $0
Insurance $324
Total Payment $5,796