| Property Detail Name | Property Detail Value |
|---|---|
| Address | 623 Spears Ave, Chattanooga, TN 37405 |
| Property Type | Single Family |
| Price | $185,000 |
| Price Change | -$15,000 |
| Tax Assessed Value | $165,700 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 3.0 |
| Bathrooms | 2.0 |
| Living Area | 1,319.0 |
| Lot Area | 7455.5 |
| Lot Area Unit | SQFT |
| Year Built | 1910 |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | 31.6% |
| Monthly Rent | $2,166 |
| Net Operating Income | $2,104 |
| Cap Rate | 13.6% |
| Monthly Cash Flow | $975 |
| Gross Rent Multiplier | 7.1 |
| Debt Service Coverage Ratio | 2.0 |
| Principal and Interest | $1,035 |
| Tax | $94 |
| HOA Fees | $0 |
| Insurance | $62 |
| Total Payment | $1,191 |