2945 Old Britain Cir
Chattanooga, TN 37421
List Price
$359,950
Initial Investment
$98,086Purchase Price
$359,950
Down Payment
25%
Rent
$2,370
Total Return
$187,400
Annualized Return
23.8%
Cap Rate
5.6%
Gross Yield
7.9%
Cash Flow
-$610
Appreciation
9.0%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
20,908
HOA
None
Flood Risk
Not Required
Step into this beautifully renovated 1970s two-story gem, where modern comforts seamlessly blend with vintage charm. Entertain effortlessly in the spacious living areas or retreat to the inviting covered deck. The home features new flooring throughout the living areas, bedrooms, and bathrooms. The kitchen boasts updated cabinets, countertops, and appliances, while the bathrooms shine with new flooring and fixtures. Additionally, all windows have been replaced, enhancing both aesthetics and energy efficiency.
See more in Analysis
Tracy Denton
eXp Realty LLC (Tracy Denton)
TN Agent License #337885
Annual Financial Highlights
Expected Rent
$27,018Expenses
-$4,809Property Taxes
-$3,250Loan Payments
-$19,569Net Cash Flow
-$610See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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SourceGreater Chattanooga Association of Realtors, Inc. CMLS (CIE)
MLS #1396354
Last Updated: 07/26/2024 13:07
MLS #1396354
Last Updated: 07/26/2024 13:07