2104 Bachman St

Chattanooga, TN 37406
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2 bd, 1 ba | 882 sqft | Built in 1940

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List Price
$110,000

$9.9K

Initial Investment

$29,975

Purchase Price

$110,000

Down Payment

25%

Rent

$1,030

Total Return

$69,528

Annualized Return

29.5%

Cap Rate

8.0%

Gross Yield

11.2%

Cash Flow

$2,192

Appreciation

8.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,822

HOA

None

Flood Risk

Not Required

This wonderful cozy home is great for a first home buyer or rental. Nestled in the heart of downtown Chattanooga you can rest assured to be conveniently located to restaurants, gyms, parks, and all downtown has to offer. The extra large fenced in back yard provides the ultimate privacy perfect for summer time gathers, late night camp fires, and all your furry critters. The bathroom, kitchen, large fenced in back yard, windows, and HVAC have been replaced in the past 5 years.

See more in Analysis
Tracy Denton
eXp Realty LLC (Tracy Denton)
TN Agent License #337885

Annual Financial Highlights

Expected Rent

$11,742

Expenses

-$2,470

Property Taxes

-$1,100

Loan Payments

-$5,980

Net Cash Flow

$2,192

See 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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TN Brokerage License 262943
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Last Updated: 04/28/2024 18:04
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