Real Estate

723 Mississippi Ave, Chattanooga, TN 37405

Property Details for 723 Mississippi Ave, Chattanooga, TN 37405

Property Detail Name Property Detail Value
Address 723 Mississippi Ave, Chattanooga, TN 37405
Property Type Single Family
Price $999,000
Price Change -$51,000
Tax Assessed Value $0
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 4.0
Bathrooms 4.0
Living Area 2,810.0
Lot Area 7840.8
Lot Area Unit SQFT
Year Built 1939

Financial Summary for 723 Mississippi Ave, Chattanooga, TN 37405

Financial Metric Name Financial Metric Value
Cash on Cash Return -16.9%
Monthly Rent $3,047
Net Operating Income $2,747
Cap Rate 3.3%
Monthly Cash Flow -$2,812
Gross Rent Multiplier 27.3
Debt Service Coverage Ratio 0.5
Principal and Interest $5,051
Tax $508
HOA Fees $0
Insurance $300
Total Payment $5,859