Real Estate

1000 E Martin Luther King Blvd #101, Chattanooga, TN 37403

Property Details for 1000 E Martin Luther King Blvd #101, Chattanooga, TN 37403

Property Detail Name Property Detail Value
Address 1000 E Martin Luther King Blvd #101, Chattanooga, TN 37403
Property Type Condo
Price $459,000
Price Change -$40,000
Tax Assessed Value $0
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 2.0
Bathrooms 2.0
Living Area 1,594.0
Lot Area 1.0
Lot Area Unit ACRES
Year Built 2007

Financial Summary for 1000 E Martin Luther King Blvd #101, Chattanooga, TN 37403

Financial Metric Name Financial Metric Value
Cash on Cash Return -10.7%
Monthly Rent $2,179
Net Operating Income $1,676
Cap Rate 4.4%
Monthly Cash Flow -$820
Gross Rent Multiplier 17.6
Debt Service Coverage Ratio 0.7
Principal and Interest $2,263
Tax $233
HOA Fees $365
Insurance $138
Total Payment $2,999