Auction Property: MEETZE TIM
Owner's Name: MEETZE TIM
Location: 127 ELTON MEETZE LN
Amount Owed: $1,192
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 13.15
Decision: 💎 Strong Buy
Market Value: $220,313
Current Price: $124,000
Cost to Build: $144,840.00
10yr Cashflows: $125,933.91
Suggested Bid: $12,593.39 - $62,966.96
Cap Rate: 13.07%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Buy 🏅
| location: | 📌 Good 76% |
| marketRent: | 📌 Good 99% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 17% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 37% |
| acquisitionVsMarketValue: | 📌 Good 100% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.56 💹 Current Price: $124,000.00 💸 Zestimate Price: $124,000.00 💸 Tax Assessed Value: $66,800.00 💸 Average Nearby Price: $220,312.50 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $2,286.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $521.00 💸 Total Annual Cost: $2,807.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,584.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 10.95 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 6544 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1940 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1207 🏠 |