Real Estate

7321 Friendship Ln, Hixson, TN 37343

Property Details for 7321 Friendship Ln, Hixson, TN 37343

Property Detail Name Property Detail Value
Address 7321 Friendship Ln, Hixson, TN 37343
Property Type Single Family
Price $425,000
Price Change $0
Tax Assessed Value $181,900
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 2.0
Living Area 2,079.0
Lot Area 6.3
Lot Area Unit ACRES
Year Built 1970

Financial Summary for 7321 Friendship Ln, Hixson, TN 37343

Financial Metric Name Financial Metric Value
Cash on Cash Return -5.4%
Monthly Rent $2,207
Net Operating Income $2,065
Cap Rate 5.8%
Monthly Cash Flow -$386
Gross Rent Multiplier 16.0
Debt Service Coverage Ratio 0.9
Principal and Interest $2,235
Tax $216
HOA Fees $0
Insurance $142
Total Payment $2,593