7358 McCormack Dr
Hixson, TN 37343
List Price
$342,000
Initial Investment
$93,195Purchase Price
$342,000
Down Payment
25%
Rent
$2,410
Total Return
$185,966
Annualized Return
24.8%
Cap Rate
5.9%
Gross Yield
8.5%
Cash Flow
$342
Appreciation
9.1%
Reset to DefaultEdit Assumptions
Features
Lot Size
14,036
HOA
None
Flood Risk
Not Required
This Hixson one-story home offers a two-car garage.
See more in Analysis
Tracy Denton
eXp Realty LLC (Tracy Denton)
TN Agent License #337885
Annual Financial Highlights
Expected Rent
$27,474Expenses
-$5,789Property Taxes
-$2,750Loan Payments
-$18,593Net Cash Flow
$342See more in Financials
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
- You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
- Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
- Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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SourceGreater Chattanooga Association of Realtors, Inc. CMLS (CIE)
MLS #1370589
Last Updated: 03/17/2023 18:03
MLS #1370589
Last Updated: 03/17/2023 18:03