6011 Arlena Cir-Chattanooga-37421, Hamilton

6011 Arlena Cir

Chattanooga, TN 37421

3 bd, 2 ba | 1,152 sqft | Built in 1983

Favorite

List Price

$109,700

Initial Investment

$29,893

Purchase Price

$109,700

Down Payment

25%

Rent

$1,900

Total Return

$101,484

Annualized Return

44.9%

Cap Rate

13.9%

Gross Yield

20.8%

Cash Flow

$8,172

Appreciation

9.0%

Reset to Default

Edit Assumptions

Features

Occupancy

Unspecified

Lease Start

Lease End

Lot Size

HOA

None

Flood Risk

High Risk - Zone AE

Visit this house that has a spacious three-bedroom, two-bath floor plan, but needs work. It would be a great flip to sell or flip to rent, all on a big corner lot. This is a convenient location to anywhere in Chattanooga. With tons of potential, don't wait, make an appointment to visit today.

See more in Analysis

Tracy Denton

eXp Realty LLC (Tracy Denton)

TN Agent License #337885

Annual Financial Highlights

Expected Rent

$21,660

Expenses

-$6,624

Property Taxes

-$900

Loan Payments

-$5,964

Net Cash Flow

$8,172

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.

View Options

Similar Listings

Listing Courtesy of:Andy Hodes
Agent License 280586
Keller Williams Realty

Certified Agent Brokerage:Tracy Denton
eXp Realty LLC (Tracy Denton)
TN Brokerage License 262943

SourceRealTracs
MLS #2643874
Last Updated: 04/22/2024 21:04

Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.