Real Estate

4505 Redlands Dr, Chattanooga, TN 37416

Property Details for 4505 Redlands Dr, Chattanooga, TN 37416

Property Detail Name Property Detail Value
Address 4505 Redlands Dr, Chattanooga, TN 37416
Property Type Multi Family
Price $425,000
Price Change $0
Tax Assessed Value $135,000
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 6.0
Bathrooms 4.0
Living Area 3,383.0
Lot Area 0.6599999999999999
Lot Area Unit ACRES
Year Built 1967

Financial Summary for 4505 Redlands Dr, Chattanooga, TN 37416

Financial Metric Name Financial Metric Value
Cash on Cash Return -14.9%
Monthly Rent $1,535
Net Operating Income $1,393
Cap Rate 3.9%
Monthly Cash Flow -$1,058
Gross Rent Multiplier 23.1
Debt Service Coverage Ratio 0.6
Principal and Interest $2,235
Tax $216
HOA Fees $0
Insurance $142
Total Payment $2,593