Real Estate

1612 Mitchell Ave, Chattanooga, TN 37408

Property Details for 1612 Mitchell Ave, Chattanooga, TN 37408

Property Detail Name Property Detail Value
Address 1612 Mitchell Ave, Chattanooga, TN 37408
Property Type Single Family
Price $875,000
Price Change -$25,000
Tax Assessed Value $249,200
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 4.0
Bathrooms 4.0
Living Area 3,300.0
Lot Area 0.25
Lot Area Unit ACRES
Year Built 1920

Financial Summary for 1612 Mitchell Ave, Chattanooga, TN 37408

Financial Metric Name Financial Metric Value
Cash on Cash Return -13.5%
Monthly Rent $3,065
Net Operating Income $2,802
Cap Rate 3.8%
Monthly Cash Flow -$1,976
Gross Rent Multiplier 23.8
Debt Service Coverage Ratio 0.6
Principal and Interest $4,333
Tax $445
HOA Fees $0
Insurance $263
Total Payment $5,041