Real Estate

3860 Fairfax Dr, Chattanooga, TN 37415

Property Details for 3860 Fairfax Dr, Chattanooga, TN 37415

Property Detail Name Property Detail Value
Address 3860 Fairfax Dr, Chattanooga, TN 37415
Property Type Single Family
Price $285,000
Price Change -$4,900
Tax Assessed Value $136,600
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 2.0
Bathrooms 2.0
Living Area 1,300.0
Lot Area 0.4
Lot Area Unit ACRES
Year Built 1953

Financial Summary for 3860 Fairfax Dr, Chattanooga, TN 37415

Financial Metric Name Financial Metric Value
Cash on Cash Return 7.2%
Monthly Rent $1,887
Net Operating Income $1,806
Cap Rate 7.6%
Monthly Cash Flow $341
Gross Rent Multiplier 12.6
Debt Service Coverage Ratio 1.4
Principal and Interest $1,328
Tax $137
HOA Fees $0
Insurance $81
Total Payment $1,546