Real Estate

1616 Shady Cir, Chattanooga, TN 37405

Property Details for 1616 Shady Cir, Chattanooga, TN 37405

Property Detail Name Property Detail Value
Address 1616 Shady Cir, Chattanooga, TN 37405
Property Type Single Family
Price $985,000
Price Change $0
Tax Assessed Value $561,200
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 3.0
Living Area 2,681.0
Lot Area 0.6799999999999999
Lot Area Unit ACRES
Year Built 1930

Financial Summary for 1616 Shady Cir, Chattanooga, TN 37405

Financial Metric Name Financial Metric Value
Cash on Cash Return -14.5%
Monthly Rent $3,500
Net Operating Income $3,172
Cap Rate 3.9%
Monthly Cash Flow -$2,377
Gross Rent Multiplier 23.5
Debt Service Coverage Ratio 0.6
Principal and Interest $5,048
Tax $501
HOA Fees $0
Insurance $328
Total Payment $5,877