Real Estate

1119 W Mississippi Ave, Chattanooga, TN 37405

Property Details for 1119 W Mississippi Ave, Chattanooga, TN 37405

Property Detail Name Property Detail Value
Address 1119 W Mississippi Ave, Chattanooga, TN 37405
Property Type Single Family
Price $650,000
Price Change -$15,000
Tax Assessed Value $499,900
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 4.0
Bathrooms 4.0
Living Area 2,168.0
Lot Area 6450.0
Lot Area Unit SQFT
Year Built 2013

Financial Summary for 1119 W Mississippi Ave, Chattanooga, TN 37405

Financial Metric Name Financial Metric Value
Cash on Cash Return -8.3%
Monthly Rent $3,025
Net Operating Income $2,808
Cap Rate 5.2%
Monthly Cash Flow -$895
Gross Rent Multiplier 17.9
Debt Service Coverage Ratio 0.8
Principal and Interest $3,373
Tax $330
HOA Fees $0
Insurance $217
Total Payment $3,920