Real Estate

6517 Shelter Cove Dr, Hixson, TN 37343

Property Details for 6517 Shelter Cove Dr, Hixson, TN 37343

Property Detail Name Property Detail Value
Address 6517 Shelter Cove Dr, Hixson, TN 37343
Property Type Single Family
Price $1,050,000
Price Change -$50,000
Tax Assessed Value $430,200
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 4.0
Bathrooms 3.0
Living Area 3,239.0
Lot Area 1.01
Lot Area Unit ACRES
Year Built 2023

Financial Summary for 6517 Shelter Cove Dr, Hixson, TN 37343

Financial Metric Name Financial Metric Value
Cash on Cash Return -13.5%
Monthly Rent $3,818
Net Operating Income $3,474
Cap Rate 4.0%
Monthly Cash Flow -$2,369
Gross Rent Multiplier 22.9
Debt Service Coverage Ratio 0.7
Principal and Interest $5,309
Tax $534
HOA Fees $29
Insurance $315
Total Payment $6,187