Real Estate

707 Georgia Ave SUITE 401, Chattanooga, TN 37402

Property Details for 707 Georgia Ave SUITE 401, Chattanooga, TN 37402

Property Detail Name Property Detail Value
Address 707 Georgia Ave SUITE 401, Chattanooga, TN 37402
Property Type Condo
Price $594,900
Price Change -$5,000
Tax Assessed Value $0
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 2.0
Bathrooms 2.0
Living Area 1,210.0
Lot Area 0.65
Lot Area Unit ACRES
Year Built 2023

Financial Summary for 707 Georgia Ave SUITE 401, Chattanooga, TN 37402

Financial Metric Name Financial Metric Value
Cash on Cash Return -17.0%
Monthly Rent $1,743
Net Operating Income $1,565
Cap Rate 3.2%
Monthly Cash Flow -$1,683
Gross Rent Multiplier 28.4
Debt Service Coverage Ratio 0.5
Principal and Interest $2,946
Tax $302
HOA Fees $0
Insurance $178
Total Payment $3,426