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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 $499,000
Price Change -$55,325
Tax Assessed Value $0
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3
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 7.4%
Monthly Cash Flow $53
Gross Rent Multiplier 12.8
Debt Service Coverage Ratio 1.1
Principal and Interest $2,733
Tax $282
HOA Fees $25
Insurance $166
Total Payment $3,206
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