Auction Property: MEETZE TIM

 


Owner's Name: MEETZE TIM

Location: 164 ELTON MEETZE LN

Amount Owed: $1,105

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 13.01

Decision: 💎 Strong Buy  

Market Value: $299,650

Current Price: $273,300

Cost to Build: $0.00

10yr Cashflows: $156,304.34

Suggested Bid: $15,630.43 - $78,152.17

Cap Rate: 7.88%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Buy 🏅

location: 📌 Good 78%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 35%
marketDemand: ⚠️ Fair 50%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 0%
acquisitionVsMarketValue: ⚠️ Fair 44%

Level 2 (Simulation)

**involves significant stress testing

Decision: Buy 🏅

location: City: Columbia 🚲 County: Richland County 🚲
price vs market value: ⚠️ Fair 40% Value Ratio: 0.91 💹 Current Price: $273,300.00 💸 Zestimate Price: $273,300.00 💸 Tax Assessed Value: $18,600.00 💸 Average Nearby Price: $299,650.00 💸
school trends: 📌 Good 75% Average School Rating: 5.67 💹
taxes: 📌 Good 100% Annual Tax: $917.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,148.00 💸 Total Annual Cost: $2,065.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,966.00 💸
capitalization rate: ⚠️ Fair 63% Simulated Rating: 6.95 💹
exit strategy: 📌 Good 100% Time On Market: 0 🕰️
year built: 📌 Good 100% Time Built: 2017 🕰️
property info: 📌 Good 70% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: null 🏠 Home Living Area: 1.45 Acres 🏠