Real Estate

5506 Saint Elmo Ave, Chattanooga, TN 37409

Property Details for 5506 Saint Elmo Ave, Chattanooga, TN 37409

Property Detail Name Property Detail Value
Address 5506 Saint Elmo Ave, Chattanooga, TN 37409
Property Type Single Family
Price $499,999
Price Change -$5,001
Tax Assessed Value $151,800
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 2.0
Living Area 1,600.0
Lot Area 10018.8
Lot Area Unit SQFT
Year Built 1916

Financial Summary for 5506 Saint Elmo Ave, Chattanooga, TN 37409

Financial Metric Name Financial Metric Value
Cash on Cash Return -8.6%
Monthly Rent $2,336
Net Operating Income $2,169
Cap Rate 5.2%
Monthly Cash Flow -$714
Gross Rent Multiplier 17.8
Debt Service Coverage Ratio 0.8
Principal and Interest $2,629
Tax $254
HOA Fees $0
Insurance $167
Total Payment $3,050