| Property Detail Name | Property Detail Value |
|---|---|
| Address | 501 Reads Lake Rd, Chattanooga, TN 37415 |
| Property Type | Single Family |
| Price | $349,900 |
| Price Change | -$15,000 |
| Tax Assessed Value | $45,900 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 4.0 |
| Bathrooms | 2.0 |
| Living Area | 1,724.0 |
| Lot Area | 1.16 |
| Lot Area Unit | ACRES |
| Year Built | 1927 |
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | 2.9% |
| Monthly Rent | $2,325 |
| Net Operating Income | $2,211 |
| Cap Rate | 7.6% |
| Monthly Cash Flow | $168 |
| Gross Rent Multiplier | 12.5 |
| Debt Service Coverage Ratio | 1.2 |
| Principal and Interest | $1,850 |
| Tax | $193 |
| HOA Fees | $0 |
| Insurance | $114 |
| Total Payment | $2,157 |