Real Estate

1501 Vance Ave, Chattanooga, TN 37404

Property Details for 1501 Vance Ave, Chattanooga, TN 37404

Property Detail Name Property Detail Value
Address 1501 Vance Ave, Chattanooga, TN 37404
Property Type Single Family
Price $475,000
Price Change -$5,000
Tax Assessed Value $0
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 4.0
Bathrooms 4.0
Living Area 2,880.0
Lot Area 10018.8
Lot Area Unit SQFT
Year Built 1920

Financial Summary for 1501 Vance Ave, Chattanooga, TN 37404

Financial Metric Name Financial Metric Value
Cash on Cash Return 0.8%
Monthly Rent $2,789
Net Operating Income $2,646
Cap Rate 6.7%
Monthly Cash Flow $63
Gross Rent Multiplier 14.2
Debt Service Coverage Ratio 1.1
Principal and Interest $2,342
Tax $241
HOA Fees $0
Insurance $143
Total Payment $2,726