Real Estate

1015 Mount Vernon Ave, Chattanooga, TN 37405

Property Details for 1015 Mount Vernon Ave, Chattanooga, TN 37405

Property Detail Name Property Detail Value
Address 1015 Mount Vernon Ave, Chattanooga, TN 37405
Property Type Single Family
Price $737,400
Price Change $0
Tax Assessed Value $423,200
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 7.0
Bathrooms 4.0
Living Area 3,160.0
Lot Area 0.31
Lot Area Unit ACRES
Year Built 1940

Financial Summary for 1015 Mount Vernon Ave, Chattanooga, TN 37405

Financial Metric Name Financial Metric Value
Cash on Cash Return -6.9%
Monthly Rent $3,404
Net Operating Income $3,183
Cap Rate 5.2%
Monthly Cash Flow -$843
Gross Rent Multiplier 18.1
Debt Service Coverage Ratio 0.9
Principal and Interest $3,651
Tax $375
HOA Fees $0
Insurance $221
Total Payment $4,247