874 Aubrey Ave
Chattanooga, TN 37411
List Price
$189,900
Initial Investment
$51,748Purchase Price
$189,900
Down Payment
25%
Rent
$1,640
Total Return
$117,564
Annualized Return
28.6%
Cap Rate
7.4%
Gross Yield
10.4%
Cash Flow
$3,039
Appreciation
9.1%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
6,500
HOA
None
Flood Risk
Not Required
Perfectly situated on a corner lot with stunning winter views of downtown Chattanooga, this home is priced to SELL! Ideal for investors or builders, the property offers ample potential for remodeling or new construction. Enjoy updated kitchen cabinets with sleek stainless pulls, complemented by brand-new stainless appliances, including a refrigerator. The fully fenced yard is perfect for relaxation, especially from the attached deck just minutes away from downtown. Washer, dryer, and refrigerator are included with the property, making this an exceptional opportunity. Property Sold AS IS.
See more in Analysis
Tracy Denton
eXp Realty LLC (Tracy Denton)
TN Agent License #337885
Annual Financial Highlights
Expected Rent
$18,696Expenses
-$3,583Property Taxes
-$1,750Loan Payments
-$10,324Net Cash Flow
$3,039See 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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SourceRealTracs
MLS #2681127
Last Updated: 07/25/2024 01:07
MLS #2681127
Last Updated: 07/25/2024 01:07