Real Estate

1343 Michael Ln, Hixson, TN 37343

Property Details for 1343 Michael Ln, Hixson, TN 37343

Property Detail Name Property Detail Value
Address 1343 Michael Ln, Hixson, TN 37343
Property Type Single Family
Price $315,000
Price Change $0
Tax Assessed Value $140,600
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 2.0
Living Area 1,426.0
Lot Area 0.39
Lot Area Unit ACRES
Year Built 1967

Financial Summary for 1343 Michael Ln, Hixson, TN 37343

Financial Metric Name Financial Metric Value
Cash on Cash Return -0.3%
Monthly Rent $1,790
Net Operating Income $1,695
Cap Rate 6.5%
Monthly Cash Flow -$18
Gross Rent Multiplier 14.7
Debt Service Coverage Ratio 1.1
Principal and Interest $1,553
Tax $160
HOA Fees $0
Insurance $95
Total Payment $1,808