Real Estate

3118 New York Ave, Chattanooga, TN 37406

Property Details for 3118 New York Ave, Chattanooga, TN 37406

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 Summary for 3118 New York Ave, Chattanooga, TN 37406

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