Real Estate

3508 Martin Rd, Chattanooga, TN 37415

Property Details for 3508 Martin Rd, Chattanooga, TN 37415

Property Detail Name Property Detail Value
Address 3508 Martin Rd, Chattanooga, TN 37415
Property Type Single Family
Price $345,000
Price Change -$5,000
Tax Assessed Value $190,800
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 3.0
Living Area 1,500.0
Lot Area 0.3
Lot Area Unit ACRES
Year Built 2003

Financial Summary for 3508 Martin Rd, Chattanooga, TN 37415

Financial Metric Name Financial Metric Value
Cash on Cash Return 3.1%
Monthly Rent $2,159
Net Operating Income $2,055
Cap Rate 7.1%
Monthly Cash Flow $177
Gross Rent Multiplier 13.3
Debt Service Coverage Ratio 1.2
Principal and Interest $1,703
Tax $175
HOA Fees $0
Insurance $104
Total Payment $1,982