Real Estate

607 Timber Ridge Dr, Hixson, TN 37343

Property Details for 607 Timber Ridge Dr, Hixson, TN 37343

Property Detail Name Property Detail Value
Address 607 Timber Ridge Dr, Hixson, TN 37343
Property Type Single Family
Price $425,000
Price Change $0
Tax Assessed Value $297,400
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 4.0
Bathrooms 4.0
Living Area 2,772.0
Lot Area 0.36
Lot Area Unit ACRES
Year Built 1999

Financial Summary for 607 Timber Ridge Dr, Hixson, TN 37343

Financial Metric Name Financial Metric Value
Cash on Cash Return 5.0%
Monthly Rent $2,788
Net Operating Income $2,661
Cap Rate 7.5%
Monthly Cash Flow $352
Gross Rent Multiplier 12.7
Debt Service Coverage Ratio 1.3
Principal and Interest $2,093
Tax $216
HOA Fees $0
Insurance $127
Total Payment $2,436