Real Estate

100 Scenic Hwy APT 48, Lookout Mountain, TN 37350

Property Details for 100 Scenic Hwy APT 48, Lookout Mountain, TN 37350

Property Detail Name Property Detail Value
Address 100 Scenic Hwy APT 48, Lookout Mountain, TN 37350
Property Type Condo
Price $620,000
Price Change -$30,000
Tax Assessed Value $329,300
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 3.0
Living Area 2,835.0
Lot Area 0.0
Lot Area Unit SQFT
Year Built 1978

Financial Summary for 100 Scenic Hwy APT 48, Lookout Mountain, TN 37350

Financial Metric Name Financial Metric Value
Cash on Cash Return -1.7%
Monthly Rent $3,818
Net Operating Income $3,207
Cap Rate 6.2%
Monthly Cash Flow -$178
Gross Rent Multiplier 13.5
Debt Service Coverage Ratio 1.0
Principal and Interest $3,070
Tax $315
HOA Fees $425
Insurance $186
Total Payment $3,996