Real Estate

2815 Ridgecrest Dr, Chattanooga, TN 37406

Property Details for 2815 Ridgecrest Dr, Chattanooga, TN 37406

Property Detail Name Property Detail Value
Address 2815 Ridgecrest Dr, Chattanooga, TN 37406
Property Type Single Family
Price $315,000
Price Change $0
Tax Assessed Value $117,200
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 4.0
Bathrooms 3.0
Living Area 2,016.0
Lot Area 0.25
Lot Area Unit ACRES
Year Built 1960

Financial Summary for 2815 Ridgecrest Dr, Chattanooga, TN 37406

Financial Metric Name Financial Metric Value
Cash on Cash Return 10.3%
Monthly Rent $2,351
Net Operating Income $2,256
Cap Rate 8.6%
Monthly Cash Flow $541
Gross Rent Multiplier 11.2
Debt Service Coverage Ratio 1.5
Principal and Interest $1,555
Tax $160
HOA Fees $0
Insurance $95
Total Payment $1,810