| Property Detail Name | Property Detail Value |
|---|---|
| Address | 411 Fairpoint St #402, Chattanooga, TN 37405 |
| Property Type | Condo |
| Price | $575,000 |
| Price Change | -$5,000 |
| Tax Assessed Value | $405,000 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 2.0 |
| Bathrooms | 2.0 |
| Living Area | 1,157.0 |
| Lot Area | 0.6887052341597796 |
| Lot Area Unit | ACRES |
| Year Built | 2021 |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | -14.5% |
| Monthly Rent | $2,223 |
| Net Operating Income | $1,750 |
| Cap Rate | 3.7% |
| Monthly Cash Flow | -$1,389 |
| Gross Rent Multiplier | 21.6 |
| Debt Service Coverage Ratio | 0.6 |
| Principal and Interest | $2,847 |
| Tax | $292 |
| HOA Fees | $300 |
| Insurance | $173 |
| Total Payment | $3,612 |