Real Estate

1403 Bailey Ave, Chattanooga, TN 37404

Property Details for 1403 Bailey Ave, Chattanooga, TN 37404

Property Detail Name Property Detail Value
Address 1403 Bailey Ave, Chattanooga, TN 37404
Property Type Single Family
Price $500,000
Price Change -$50,000
Tax Assessed Value $142,800
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 3.0
Living Area 3,088.0
Lot Area 6969.6
Lot Area Unit SQFT
Year Built 1920

Financial Summary for 1403 Bailey Ave, Chattanooga, TN 37404

Financial Metric Name Financial Metric Value
Cash on Cash Return -4.8%
Monthly Rent $2,469
Net Operating Income $2,319
Cap Rate 5.6%
Monthly Cash Flow -$400
Gross Rent Multiplier 16.9
Debt Service Coverage Ratio 0.9
Principal and Interest $2,465
Tax $254
HOA Fees $0
Insurance $150
Total Payment $2,869