Real Estate

4 Cherokee Blvd #214, Chattanooga, TN 37405

Property Details for 4 Cherokee Blvd #214, Chattanooga, TN 37405

Property Detail Name Property Detail Value
Address 4 Cherokee Blvd #214, Chattanooga, TN 37405
Property Type Condo
Price $675,000
Price Change $0
Tax Assessed Value $398,500
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 2.0
Bathrooms 2.0
Living Area 1,594.0
Lot Area 0.0
Lot Area Unit SQFT
Year Built 2008

Financial Summary for 4 Cherokee Blvd #214, Chattanooga, TN 37405

Financial Metric Name Financial Metric Value
Cash on Cash Return -13.5%
Monthly Rent $3,096
Net Operating Income $2,328
Cap Rate 4.1%
Monthly Cash Flow -$1,517
Gross Rent Multiplier 18.2
Debt Service Coverage Ratio 0.7
Principal and Interest $3,502
Tax $343
HOA Fees $543
Insurance $225
Total Payment $4,613