Real Estate

1506 Riverview Rd, Chattanooga, TN 37405

Property Details for 1506 Riverview Rd, Chattanooga, TN 37405

Property Detail Name Property Detail Value
Address 1506 Riverview Rd, Chattanooga, TN 37405
Property Type Single Family
Price $2,250,000
Price Change $0
Tax Assessed Value $697,400
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 3.0
Living Area 3,200.0
Lot Area 0.36
Lot Area Unit ACRES
Year Built 1931

Financial Summary for 1506 Riverview Rd, Chattanooga, TN 37405

Financial Metric Name Financial Metric Value
Cash on Cash Return -24.9%
Monthly Rent $3,871
Net Operating Income $3,196
Cap Rate 1.7%
Monthly Cash Flow -$9,325
Gross Rent Multiplier 48.4
Debt Service Coverage Ratio 0.3
Principal and Interest $11,377
Tax $1,144
HOA Fees $0
Insurance $675
Total Payment $13,196