Real Estate

2504 Union Ave, Chattanooga, TN 37404

Property Details for 2504 Union Ave, Chattanooga, TN 37404

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 Summary for 2504 Union Ave, Chattanooga, TN 37404

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