Real Estate

1000 E Martin Luther King Blvd #102, Chattanooga, TN 37403

Property Details for 1000 E Martin Luther King Blvd #102, Chattanooga, TN 37403

Property Detail Name Property Detail Value
Address 1000 E Martin Luther King Blvd #102, Chattanooga, TN 37403
Property Type Condo
Price $564,500
Price Change -$25,000
Tax Assessed Value $191,000
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 2.0
Bathrooms 2.0
Living Area 1,710.0
Lot Area 0
Lot Area Unit
Year Built 2007

Financial Summary for 1000 E Martin Luther King Blvd #102, Chattanooga, TN 37403

Financial Metric Name Financial Metric Value
Cash on Cash Return -16.1%
Monthly Rent $2,427
Net Operating Income $1,697
Cap Rate 3.6%
Monthly Cash Flow -$1,519
Gross Rent Multiplier 19.4
Debt Service Coverage Ratio 0.6
Principal and Interest $2,929
Tax $287
HOA Fees $542
Insurance $188
Total Payment $3,946