Real Estate

1301 Market St APT 306, Chattanooga, TN 37402

Property Details for 1301 Market St APT 306, Chattanooga, TN 37402

Property Detail Name Property Detail Value
Address 1301 Market St APT 306, Chattanooga, TN 37402
Property Type Condo
Price $349,000
Price Change -$30,000
Tax Assessed Value $294,030
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 2.0
Bathrooms 1.0
Living Area 1,089.0
Lot Area 1306.8
Lot Area Unit SQFT
Year Built 1900

Financial Summary for 1301 Market St APT 306, Chattanooga, TN 37402

Financial Metric Name Financial Metric Value
Cash on Cash Return -10.3%
Monthly Rent $1,777
Net Operating Income $1,297
Cap Rate 4.5%
Monthly Cash Flow -$601
Gross Rent Multiplier 16.4
Debt Service Coverage Ratio 0.8
Principal and Interest $1,721
Tax $177
HOA Fees $375
Insurance $105
Total Payment $2,378