Property Detail Name | Property Detail Value |
---|---|
Address | 2504 Union Ave, Chattanooga, TN 37404 |
Property Type | Multi Family |
Price | $355,000 |
Price Change | -$10,000 |
Tax Assessed Value | $98,100 |
Non Owner Occupied? | Yes |
Pre Foreclosure Auction | No |
Bedrooms | 3.0 |
Bathrooms | 2.0 |
Living Area | 1,986.0 |
Lot Area | 7840.8 |
Lot Area Unit | SQFT |
Year Built | 1920 |
Financial Metric Name | Financial Metric Value |
---|---|
Cash on Cash Return | -10.2% |
Monthly Rent | $1,539 |
Net Operating Income | $1,421 |
Cap Rate | 4.8% |
Monthly Cash Flow | -$601 |
Gross Rent Multiplier | 19.2 |
Debt Service Coverage Ratio | 0.8 |
Principal and Interest | $1,842 |
Tax | $180 |
HOA Fees | $0 |
Insurance | $118 |
Total Payment | $2,140 |