Real Estate

831 Fairmount Ave, Signal Mountain, TN 37377

Property Details for 831 Fairmount Ave, Signal Mountain, TN 37377

Property Detail Name Property Detail Value
Address 831 Fairmount Ave, Signal Mountain, TN 37377
Property Type Single Family
Price $396,500
Price Change $0
Tax Assessed Value $162,400
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 2.0
Bathrooms 2.0
Living Area 988.0
Lot Area 0.43
Lot Area Unit ACRES
Year Built 1930

Financial Summary for 831 Fairmount Ave, Signal Mountain, TN 37377

Financial Metric Name Financial Metric Value
Cash on Cash Return -7.7%
Monthly Rent $1,753
Net Operating Income $1,635
Cap Rate 4.9%
Monthly Cash Flow -$509
Gross Rent Multiplier 18.8
Debt Service Coverage Ratio 0.8
Principal and Interest $1,944
Tax $200
HOA Fees $0
Insurance $118
Total Payment $2,262