Real Estate

1601 Truman Ave, Chattanooga, TN 37412

Property Details for 1601 Truman Ave, Chattanooga, TN 37412

Property Detail Name Property Detail Value
Address 1601 Truman Ave, Chattanooga, TN 37412
Property Type Single Family
Price $260,000
Price Change -$25,000
Tax Assessed Value $138,700
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 3.0
Living Area 1,327.0
Lot Area 9000.0
Lot Area Unit SQFT
Year Built 1947

Financial Summary for 1601 Truman Ave, Chattanooga, TN 37412

Financial Metric Name Financial Metric Value
Cash on Cash Return 8.7%
Monthly Rent $1,863
Net Operating Income $1,785
Cap Rate 8.2%
Monthly Cash Flow $375
Gross Rent Multiplier 11.6
Debt Service Coverage Ratio 1.4
Principal and Interest $1,278
Tax $132
HOA Fees $0
Insurance $78
Total Payment $1,488