Real Estate

7226 Fairbanks Rd, Hixson, TN 37343

Property Details for 7226 Fairbanks Rd, Hixson, TN 37343

Property Detail Name Property Detail Value
Address 7226 Fairbanks Rd, Hixson, TN 37343
Property Type Single Family
Price $304,900
Price Change -$20,000
Tax Assessed Value $178,000
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 2.0
Living Area 1,768.0
Lot Area 0.27999999999999997
Lot Area Unit ACRES
Year Built 1968

Financial Summary for 7226 Fairbanks Rd, Hixson, TN 37343

Financial Metric Name Financial Metric Value
Cash on Cash Return 4.4%
Monthly Rent $2,063
Net Operating Income $1,961
Cap Rate 7.7%
Monthly Cash Flow $224
Gross Rent Multiplier 12.3
Debt Service Coverage Ratio 1.2
Principal and Interest $1,582
Tax $155
HOA Fees $0
Insurance $102
Total Payment $1,839