Real Estate

3012 3rd Ave, Chattanooga, TN 37407

Property Details for 3012 3rd Ave, Chattanooga, TN 37407

Property Detail Name Property Detail Value
Address 3012 3rd Ave, Chattanooga, TN 37407
Property Type Single Family
Price $199,000
Price Change -$26,000
Tax Assessed Value $75,200
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 2.0
Bathrooms 2.0
Living Area 1,410.0
Lot Area 6969.6
Lot Area Unit SQFT
Year Built 1945

Financial Summary for 3012 3rd Ave, Chattanooga, TN 37407

Financial Metric Name Financial Metric Value
Cash on Cash Return 9.0%
Monthly Rent $1,456
Net Operating Income $1,397
Cap Rate 8.4%
Monthly Cash Flow $298
Gross Rent Multiplier 11.4
Debt Service Coverage Ratio 1.4
Principal and Interest $999
Tax $100
HOA Fees $0
Insurance $59
Total Payment $1,158