| Property Detail Name | Property Detail Value |
|---|---|
| Address | 503 Forest Ave, Chattanooga, TN 37405 |
| Property Type | Single Family |
| Price | $2,450,000 |
| Price Change | -$200,000 |
| Tax Assessed Value | $1,014,000 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 4.0 |
| Bathrooms | 5.0 |
| Living Area | 5,768.0 |
| Lot Area | 0.45999999999999996 |
| Lot Area Unit | ACRES |
| Year Built | 2020 |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | -21.6% |
| Monthly Rent | $5,977 |
| Net Operating Income | $5,160 |
| Cap Rate | 2.5% |
| Monthly Cash Flow | -$8,824 |
| Gross Rent Multiplier | 34.2 |
| Debt Service Coverage Ratio | 0.4 |
| Principal and Interest | $12,739 |
| Tax | $1,245 |
| HOA Fees | $0 |
| Insurance | $817 |
| Total Payment | $14,801 |