Property Detail Name | Property Detail Value |
---|---|
Address | 3118 New York Ave, Chattanooga, TN 37406 |
Property Type | Single Family |
Price | $450,000 |
Price Change | $0 |
Tax Assessed Value | $268,700 |
Non Owner Occupied? | Yes |
Pre Foreclosure Auction | No |
Bedrooms | 5.0 |
Bathrooms | 5.0 |
Living Area | 2,184.0 |
Lot Area | 0.35 |
Lot Area Unit | ACRES |
Year Built | 2022 |
Financial Metric Name | Financial Metric Value |
---|---|
Cash on Cash Return | 6.5% |
Monthly Rent | $3,045 |
Net Operating Income | $2,910 |
Cap Rate | 7.8% |
Monthly Cash Flow | $490 |
Gross Rent Multiplier | 12.3 |
Debt Service Coverage Ratio | 1.3 |
Principal and Interest | $2,191 |
Tax | $229 |
HOA Fees | $0 |
Insurance | $135 |
Total Payment | $2,555 |