Real Estate

5608 Alabama Ave, Chattanooga, TN 37409

Property Details for 5608 Alabama Ave, Chattanooga, TN 37409

Property Detail Name Property Detail Value
Address 5608 Alabama Ave, Chattanooga, TN 37409
Property Type Single Family
Price $474,565
Price Change $0
Tax Assessed Value $114,800
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 2.0
Bathrooms 2.0
Living Area 1,157.0
Lot Area 7840.8
Lot Area Unit SQFT
Year Built 1930

Financial Summary for 5608 Alabama Ave, Chattanooga, TN 37409

Financial Metric Name Financial Metric Value
Cash on Cash Return -14.8%
Monthly Rent $1,724
Net Operating Income $1,566
Cap Rate 4.0%
Monthly Cash Flow -$1,170
Gross Rent Multiplier 22.9
Debt Service Coverage Ratio 0.6
Principal and Interest $2,495
Tax $241
HOA Fees $0
Insurance $158
Total Payment $2,894