Real Estate

6958 Palms Ct, Chattanooga, TN 37421

Property Details for 6958 Palms Ct, Chattanooga, TN 37421

Property Detail Name Property Detail Value
Address 6958 Palms Ct, Chattanooga, TN 37421
Property Type Condo
Price $299,900
Price Change -$25,100
Tax Assessed Value $235,600
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 3.0
Living Area 1,904.0
Lot Area 0.0
Lot Area Unit SQFT
Year Built 2011

Financial Summary for 6958 Palms Ct, Chattanooga, TN 37421

Financial Metric Name Financial Metric Value
Cash on Cash Return 3.6%
Monthly Rent $2,190
Net Operating Income $1,890
Cap Rate 7.6%
Monthly Cash Flow $182
Gross Rent Multiplier 11.4
Debt Service Coverage Ratio 1.2
Principal and Interest $1,556
Tax $152
HOA Fees $200
Insurance $100
Total Payment $2,008