Real Estate

1000 E Martin Luther King Blvd #103, Chattanooga, TN 37403

Property Details for 1000 E Martin Luther King Blvd #103, Chattanooga, TN 37403

Property Detail Name Property Detail Value
Address 1000 E Martin Luther King Blvd #103, Chattanooga, TN 37403
Property Type Condo
Price $459,000
Price Change $0
Tax Assessed Value $242,900
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 2.0
Bathrooms 2.0
Living Area 1,413.0
Lot Area 0.0
Lot Area Unit SQFT
Year Built 2007

Financial Summary for 1000 E Martin Luther King Blvd #103, Chattanooga, TN 37403

Financial Metric Name Financial Metric Value
Cash on Cash Return -12.3%
Monthly Rent $2,296
Net Operating Income $1,703
Cap Rate 4.5%
Monthly Cash Flow -$943
Gross Rent Multiplier 16.7
Debt Service Coverage Ratio 0.7
Principal and Interest $2,413
Tax $233
HOA Fees $440
Insurance $153
Total Payment $3,239