Real Estate

2031 Avalon Ave, Chattanooga, TN 37415

Property Details for 2031 Avalon Ave, Chattanooga, TN 37415

Property Detail Name Property Detail Value
Address 2031 Avalon Ave, Chattanooga, TN 37415
Property Type Single Family
Price $590,000
Price Change -$9,000
Tax Assessed Value $421,200
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 3.0
Living Area 2,602.0
Lot Area 0.47000000000000003
Lot Area Unit ACRES
Year Built 1984

Financial Summary for 2031 Avalon Ave, Chattanooga, TN 37415

Financial Metric Name Financial Metric Value
Cash on Cash Return -3.0%
Monthly Rent $3,102
Net Operating Income $2,925
Cap Rate 5.9%
Monthly Cash Flow -$297
Gross Rent Multiplier 15.8
Debt Service Coverage Ratio 1.0
Principal and Interest $2,922
Tax $300
HOA Fees $0
Insurance $177
Total Payment $3,399