Real Estate

1305 Thomas Ave #6, Chattanooga, TN 37409

Property Details for 1305 Thomas Ave #6, Chattanooga, TN 37409

Property Detail Name Property Detail Value
Address 1305 Thomas Ave #6, Chattanooga, TN 37409
Property Type Single Family
Price $499,000
Price Change -$82,400
Tax Assessed Value $0
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 3.0
Living Area 2,040.0
Lot Area 3920.4
Lot Area Unit SQFT
Year Built 2024

Financial Summary for 1305 Thomas Ave #6, Chattanooga, TN 37409

Financial Metric Name Financial Metric Value
Cash on Cash Return 3.8%
Monthly Rent $3,387
Net Operating Income $3,196
Cap Rate 7.7%
Monthly Cash Flow $318
Gross Rent Multiplier 12.3
Debt Service Coverage Ratio 1.2
Principal and Interest $2,624
Tax $254
HOA Fees $25
Insurance $166
Total Payment $3,069