Real Estate

1089 Fernway Rd, Chattanooga, TN 37405

Property Details for 1089 Fernway Rd, Chattanooga, TN 37405

Property Detail Name Property Detail Value
Address 1089 Fernway Rd, Chattanooga, TN 37405
Property Type Single Family
Price $449,900
Price Change $0
Tax Assessed Value $361,800
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 4.0
Bathrooms 3.0
Living Area 1,584.0
Lot Area 6098.4
Lot Area Unit SQFT
Year Built 2021

Financial Summary for 1089 Fernway Rd, Chattanooga, TN 37405

Financial Metric Name Financial Metric Value
Cash on Cash Return -1.1%
Monthly Rent $2,661
Net Operating Income $2,511
Cap Rate 6.7%
Monthly Cash Flow -$84
Gross Rent Multiplier 14.1
Debt Service Coverage Ratio 1.1
Principal and Interest $2,366
Tax $229
HOA Fees $0
Insurance $150
Total Payment $2,745