4255 Quinn Adams St

Chattanooga, TN 37410
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4 bd, 1 ba | 960 sqft | Built in 1950

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List Price
$89,500

Initial Investment

$24,389

Purchase Price

$89,500

Down Payment

25%

Rent

$1,160

Total Return

$71,171

Annualized Return

37.3%

Cap Rate

10.9%

Gross Yield

15.6%

Cash Flow

$4,123

Appreciation

9.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Visit this house if you are ready to tackle a good rehab. Four bedrooms, one full bath, single level on a level lot. This is a good flip to rent or flip to sell. The power is off because the tree that fell knocked the electric meter off the house. Cash Only and sold AS IS. The Seller prefers to close at Burns Henry & Kirksey's Chattanooga Office.

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$13,224

Expenses

-$3,485

Property Taxes

-$750

Loan Payments

-$4,866

Net Cash Flow

$4,123

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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Listing Courtesy of:Andy Hodes
Agent License 280586
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Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealTracs
MLS #2643873
Last Updated: 04/17/2024 18:04
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