Real Estate

3863 Fairfax Dr, Chattanooga, TN 37415

Property Details for 3863 Fairfax Dr, Chattanooga, TN 37415

Property Detail Name Property Detail Value
Address 3863 Fairfax Dr, Chattanooga, TN 37415
Property Type Single Family
Price $325,000
Price Change -$5,000
Tax Assessed Value $114,700
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 2.0
Living Area 1,450.0
Lot Area 0.35
Lot Area Unit ACRES
Year Built 1952

Financial Summary for 3863 Fairfax Dr, Chattanooga, TN 37415

Financial Metric Name Financial Metric Value
Cash on Cash Return 6.3%
Monthly Rent $2,208
Net Operating Income $2,110
Cap Rate 7.8%
Monthly Cash Flow $341
Gross Rent Multiplier 12.3
Debt Service Coverage Ratio 1.3
Principal and Interest $1,604
Tax $165
HOA Fees $0
Insurance $98
Total Payment $1,867