Real Estate

6327 Ridge Lake Rd, Hixson, TN 37343

Property Details for 6327 Ridge Lake Rd, Hixson, TN 37343

Property Detail Name Property Detail Value
Address 6327 Ridge Lake Rd, Hixson, TN 37343
Property Type Single Family
Price $419,900
Price Change $0
Tax Assessed Value $242,000
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 4.0
Bathrooms 3.0
Living Area 2,515.0
Lot Area 0.75
Lot Area Unit ACRES
Year Built 1975

Financial Summary for 6327 Ridge Lake Rd, Hixson, TN 37343

Financial Metric Name Financial Metric Value
Cash on Cash Return -1.5%
Monthly Rent $2,305
Net Operating Income $2,179
Cap Rate 6.2%
Monthly Cash Flow -$105
Gross Rent Multiplier 15.2
Debt Service Coverage Ratio 1.1
Principal and Interest $2,071
Tax $213
HOA Fees $0
Insurance $126
Total Payment $2,410