| Property Detail Name | Property Detail Value |
|---|---|
| Address | 7317 Majestic Hill Dr, Chattanooga, TN 37421 |
| Property Type | Single Family |
| Price | $498,900 |
| Price Change | -$1,000 |
| Tax Assessed Value | $294,100 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 4.0 |
| Bathrooms | 4.0 |
| Living Area | 2,785.0 |
| Lot Area | 0.33999999999999997 |
| Lot Area Unit | ACRES |
| Year Built | 2023 |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | 3.5% |
| Monthly Rent | $3,157 |
| Net Operating Income | $3,007 |
| Cap Rate | 7.2% |
| Monthly Cash Flow | $293 |
| Gross Rent Multiplier | 13.2 |
| Debt Service Coverage Ratio | 1.2 |
| Principal and Interest | $2,460 |
| Tax | $254 |
| HOA Fees | $0 |
| Insurance | $150 |
| Total Payment | $2,864 |