Real Estate

2308 Wheeler Ave, Chattanooga, TN 37406

Property Details for 2308 Wheeler Ave, Chattanooga, TN 37406

Property Detail Name Property Detail Value
Address 2308 Wheeler Ave, Chattanooga, TN 37406
Property Type Single Family
Price $175,000
Price Change -$10,000
Tax Assessed Value $57,500
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 4.0
Bathrooms 2.0
Living Area 1,231.0
Lot Area 6534.0
Lot Area Unit SQFT
Year Built 1930

Financial Summary for 2308 Wheeler Ave, Chattanooga, TN 37406

Financial Metric Name Financial Metric Value
Cash on Cash Return 22.2%
Monthly Rent $1,773
Net Operating Income $1,715
Cap Rate 11.8%
Monthly Cash Flow $647
Gross Rent Multiplier 8.2
Debt Service Coverage Ratio 1.8
Principal and Interest $979
Tax $89
HOA Fees $0
Insurance $58
Total Payment $1,126