Real Estate

1238 Highland Dr, Chattanooga, TN 37405

Property Details for 1238 Highland Dr, Chattanooga, TN 37405

Property Detail Name Property Detail Value
Address 1238 Highland Dr, Chattanooga, TN 37405
Property Type Single Family
Price $579,000
Price Change -$20,000
Tax Assessed Value $406,200
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 2.0
Living Area 2,337.0
Lot Area 7405.2
Lot Area Unit SQFT
Year Built 1920

Financial Summary for 1238 Highland Dr, Chattanooga, TN 37405

Financial Metric Name Financial Metric Value
Cash on Cash Return -6.1%
Monthly Rent $2,794
Net Operating Income $2,614
Cap Rate 5.4%
Monthly Cash Flow -$588
Gross Rent Multiplier 17.3
Debt Service Coverage Ratio 0.9
Principal and Interest $2,898
Tax $304
HOA Fees $0
Insurance $180
Total Payment $3,382