1011 N Orchard Knob Ave, Chattanooga, TN

$224,500

Rent Rate: $1,630 | $316 Monthly Cashflow
3 Beds 2 Baths 1,162 Sq Ft Garage/Carport: N/A
Built in 1920 Lot Size: ~.28 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: Complete!

Property Calculations

  • Purchase Price: $224,500
  • Rent Range: $1580-$1680
  • Rent Used In Calculations: $1,630
  • Annual Taxes: $1,466
  • Annual Insurance: $1,850
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $15,266
  • Annual Net Income (finance 25% 30yr): $3,794

Leveraged Cash-on-Cash

  • 1 Year: $3,794.27
  • 5 Year: $5,765.38
  • 15 Year: $11,693.66

Cap Rate

  • 1 Year: 6.80%
  • 5 Year: 7.65%
  • 15 Year: 10.29%

Capital Appreciation

  • 10 Year: $67,350
  • 20 Year: $134,700
  • 30 Year: $202,050