Real Estate

55 E Main St APT 201, Chattanooga, TN 37408

Property Details for 55 E Main St APT 201, Chattanooga, TN 37408

Property Detail Name Property Detail Value
Address 55 E Main St APT 201, Chattanooga, TN 37408
Property Type Condo
Price $559,000
Price Change $0
Tax Assessed Value $282,500
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 1.0
Bathrooms 2.0
Living Area 1,345.0
Lot Area 0.0
Lot Area Unit SQFT
Year Built 2006

Financial Summary for 55 E Main St APT 201, Chattanooga, TN 37408

Financial Metric Name Financial Metric Value
Cash on Cash Return -17.3%
Monthly Rent $1,998
Net Operating Income $1,430
Cap Rate 3.1%
Monthly Cash Flow -$1,613
Gross Rent Multiplier 23.3
Debt Service Coverage Ratio 0.5
Principal and Interest $2,759
Tax $284
HOA Fees $400
Insurance $168
Total Payment $3,611