Real Estate

816 Merriam St, Chattanooga, TN 37405

Property Details for 816 Merriam St, Chattanooga, TN 37405

Property Detail Name Property Detail Value
Address 816 Merriam St, Chattanooga, TN 37405
Property Type Single Family
Price $375,000
Price Change $0
Tax Assessed Value $184,400
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 4.0
Bathrooms 2.0
Living Area 1,375.0
Lot Area 9583.2
Lot Area Unit SQFT
Year Built 1972

Financial Summary for 816 Merriam St, Chattanooga, TN 37405

Financial Metric Name Financial Metric Value
Cash on Cash Return -1.4%
Monthly Rent $2,067
Net Operating Income $1,954
Cap Rate 6.3%
Monthly Cash Flow -$88
Gross Rent Multiplier 15.1
Debt Service Coverage Ratio 1.1
Principal and Interest $1,851
Tax $191
HOA Fees $0
Insurance $113
Total Payment $2,155