Real Estate

1615 Minnekahda Rd, Chattanooga, TN 37405

Property Details for 1615 Minnekahda Rd, Chattanooga, TN 37405

Property Detail Name Property Detail Value
Address 1615 Minnekahda Rd, Chattanooga, TN 37405
Property Type Single Family
Price $2,675,000
Price Change $0
Tax Assessed Value $1,209,100
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 5.0
Bathrooms 6.0
Living Area 5,334.0
Lot Area 1.0
Lot Area Unit ACRES
Year Built 1930

Financial Summary for 1615 Minnekahda Rd, Chattanooga, TN 37405

Financial Metric Name Financial Metric Value
Cash on Cash Return -18.0%
Monthly Rent $6,358
Net Operating Income $5,623
Cap Rate 2.5%
Monthly Cash Flow -$8,014
Gross Rent Multiplier 35.1
Debt Service Coverage Ratio 0.5
Principal and Interest $12,391
Tax $1,246
HOA Fees $0
Insurance $735
Total Payment $14,372