Real Estate

1311 Thomas Ave #7, Chattanooga, TN 37409

Property Details for 1311 Thomas Ave #7, Chattanooga, TN 37409

Property Detail Name Property Detail Value
Address 1311 Thomas Ave #7, Chattanooga, TN 37409
Property Type Single Family
Price $554,325
Price Change $0
Tax Assessed Value $0
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 3.0
Living Area 1,945.0
Lot Area 3920.4
Lot Area Unit SQFT
Year Built 2024

Financial Summary for 1311 Thomas Ave #7, Chattanooga, TN 37409

Financial Metric Name Financial Metric Value
Cash on Cash Return 0.6%
Monthly Rent $3,259
Net Operating Income $3,068
Cap Rate 6.6%
Monthly Cash Flow $53
Gross Rent Multiplier 14.2
Debt Service Coverage Ratio 1.1
Principal and Interest $2,733
Tax $282
HOA Fees $25
Insurance $166
Total Payment $3,206