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1317 Thomas Ave #8, Chattanooga, TN 37409

Property Details for 1317 Thomas Ave #8, Chattanooga, TN 37409

Property Detail Name Property Detail Value
Address 1317 Thomas Ave #8, Chattanooga, TN 37409
Property Type Single Family
Price $499,000
Price Change -$72,140
Tax Assessed Value $0
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3
Bathrooms 3.0
Living Area 2,004.0
Lot Area 3920.4
Lot Area Unit SQFT
Year Built 2024

Financial Summary for 1317 Thomas Ave #8, Chattanooga, TN 37409

Financial Metric Name Financial Metric Value
Cash on Cash Return 3.3%
Monthly Rent $3,345
Net Operating Income $3,154
Cap Rate 7.6%
Monthly Cash Flow $276
Gross Rent Multiplier 12.4
Debt Service Coverage Ratio 1.2
Principal and Interest $2,624
Tax $254
HOA Fees $25
Insurance $166
Total Payment $3,069
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