Real Estate

1131 Stringers Ridge Rd APT 8K, Chattanooga, TN 37405

Property Details for 1131 Stringers Ridge Rd APT 8K, Chattanooga, TN 37405

Property Detail Name Property Detail Value
Address 1131 Stringers Ridge Rd APT 8K, Chattanooga, TN 37405
Property Type Condo
Price $239,900
Price Change -$4,800
Tax Assessed Value $161,800
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 1.0
Bathrooms 1.0
Living Area 1,075.0
Lot Area 871.2
Lot Area Unit SQFT
Year Built 1974

Financial Summary for 1131 Stringers Ridge Rd APT 8K, Chattanooga, TN 37405

Financial Metric Name Financial Metric Value
Cash on Cash Return -10.2%
Monthly Rent $1,372
Net Operating Income $901
Cap Rate 4.5%
Monthly Cash Flow -$408
Gross Rent Multiplier 14.6
Debt Service Coverage Ratio 0.8
Principal and Interest $1,190
Tax $119
HOA Fees $401
Insurance $70
Total Payment $1,780