Real Estate

2815 Ridgecrest Dr, Chattanooga, TN 37406

Property Details for 2815 Ridgecrest Dr, Chattanooga, TN 37406

Property Detail Name Property Detail Value
Address 2815 Ridgecrest Dr, Chattanooga, TN 37406
Property Type Single Family
Price $300,000
Price Change -$18,000
Tax Assessed Value $117,200
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 4.0
Bathrooms 3.0
Living Area 2,016.0
Lot Area 0.25
Lot Area Unit ACRES
Year Built 1960

Financial Summary for 2815 Ridgecrest Dr, Chattanooga, TN 37406

Financial Metric Name Financial Metric Value
Cash on Cash Return 11.0%
Monthly Rent $2,360
Net Operating Income $2,260
Cap Rate 9.0%
Monthly Cash Flow $550
Gross Rent Multiplier 10.6
Debt Service Coverage Ratio 1.5
Principal and Interest $1,557
Tax $153
HOA Fees $0
Insurance $100
Total Payment $1,810