Real Estate

1220 Franklin Dr, Chattanooga, TN 37421

Property Details for 1220 Franklin Dr, Chattanooga, TN 37421

Property Detail Name Property Detail Value
Address 1220 Franklin Dr, Chattanooga, TN 37421
Property Type Single Family
Price $499,900
Price Change -$5,100
Tax Assessed Value $249,000
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 4.0
Bathrooms 4.0
Living Area 3,396.0
Lot Area 0.47000000000000003
Lot Area Unit ACRES
Year Built 1975

Financial Summary for 1220 Franklin Dr, Chattanooga, TN 37421

Financial Metric Name Financial Metric Value
Cash on Cash Return 3.7%
Monthly Rent $2,732
Net Operating Income $2,605
Cap Rate 6.3%
Monthly Cash Flow $309
Gross Rent Multiplier 15.2
Debt Service Coverage Ratio 1.3
Principal and Interest $2,081
Tax $215
HOA Fees $0
Insurance $127
Total Payment $2,423