Property Detail Name | Property Detail Value |
---|---|
Address | 1504 Heritage Landing Dr, Chattanooga, TN 37405 |
Property Type | Multi Family |
Price | $410,000 |
Price Change | $0 |
Tax Assessed Value | $258,400 |
Non Owner Occupied? | Yes |
Pre Foreclosure Auction | No |
Bedrooms | 2.0 |
Bathrooms | 2.0 |
Living Area | 1,384.0 |
Lot Area | 0.0 |
Lot Area Unit | SQFT |
Year Built | 1986 |
Financial Metric Name | Financial Metric Value |
---|---|
Cash on Cash Return | -9.1% |
Monthly Rent | $2,199 |
Net Operating Income | $1,608 |
Cap Rate | 4.7% |
Monthly Cash Flow | -$622 |
Gross Rent Multiplier | 15.5 |
Debt Service Coverage Ratio | 0.8 |
Principal and Interest | $2,022 |
Tax | $208 |
HOA Fees | $468 |
Insurance | $123 |
Total Payment | $2,821 |