Real Estate

1000 E Martin Luther King Blvd #203, Chattanooga, TN 37403

Property Details for 1000 E Martin Luther King Blvd #203, Chattanooga, TN 37403

Property Detail Name Property Detail Value
Address 1000 E Martin Luther King Blvd #203, Chattanooga, TN 37403
Property Type Condo
Price $530,000
Price Change $0
Tax Assessed Value $268,800
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 2.0
Bathrooms 2.0
Living Area 1,680.0
Lot Area 0
Lot Area Unit
Year Built 2007

Financial Summary for 1000 E Martin Luther King Blvd #203, Chattanooga, TN 37403

Financial Metric Name Financial Metric Value
Cash on Cash Return -11.6%
Monthly Rent $2,560
Net Operating Income $1,998
Cap Rate 4.5%
Monthly Cash Flow -$1,021
Gross Rent Multiplier 17.3
Debt Service Coverage Ratio 0.7
Principal and Interest $2,750
Tax $269
HOA Fees $385
Insurance $177
Total Payment $3,581