Real Estate

1131 Stringers Ridge Rd APT 3F, Chattanooga, TN 37405

Property Details for 1131 Stringers Ridge Rd APT 3F, Chattanooga, TN 37405

Property Detail Name Property Detail Value
Address 1131 Stringers Ridge Rd APT 3F, Chattanooga, TN 37405
Property Type Condo
Price $270,000
Price Change -$10,000
Tax Assessed Value $169,200
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 2.0
Bathrooms 2.0
Living Area 1,175.0
Lot Area 435.6
Lot Area Unit SQFT
Year Built 1974

Financial Summary for 1131 Stringers Ridge Rd APT 3F, Chattanooga, TN 37405

Financial Metric Name Financial Metric Value
Cash on Cash Return -12.5%
Monthly Rent $1,453
Net Operating Income $907
Cap Rate 4.0%
Monthly Cash Flow -$561
Gross Rent Multiplier 15.5
Debt Service Coverage Ratio 0.7
Principal and Interest $1,331
Tax $137
HOA Fees $465
Insurance $81
Total Payment $2,014