Real Estate

3055 Saint Elmo Ave, Chattanooga, TN 37408

Property Details for 3055 Saint Elmo Ave, Chattanooga, TN 37408

Property Detail Name Property Detail Value
Address 3055 Saint Elmo Ave, Chattanooga, TN 37408
Property Type Townhouse
Price $385,000
Price Change -$5,000
Tax Assessed Value $268,600
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 2.0
Bathrooms 2.0
Living Area 1,384.0
Lot Area 4356.0
Lot Area Unit SQFT
Year Built 2019

Financial Summary for 3055 Saint Elmo Ave, Chattanooga, TN 37408

Financial Metric Name Financial Metric Value
Cash on Cash Return 1.1%
Monthly Rent $2,402
Net Operating Income $2,169
Cap Rate 6.8%
Monthly Cash Flow $73
Gross Rent Multiplier 13.4
Debt Service Coverage Ratio 1.1
Principal and Interest $1,900
Tax $196
HOA Fees $117
Insurance $116
Total Payment $2,329