Auction Property: MYERS CHAD
Owner's Name: MYERS CHAD
Location: 230 SORREL TREE DR
Amount Owed: $1,506
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 13.47
Decision: 💎 Strong Buy
Market Value: $245,975
Current Price: $211,300
Cost to Build: $149,400.00
10yr Cashflows: $132,771.23
Suggested Bid: $13,277.12 - $66,385.62
Cap Rate: 8.33%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Buy 🏅
| location: | 📌 Good 75% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 23% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 80% |
| developmentFeasibility: | 🚩 Poor 35% |
| acquisitionVsMarketValue: | 📌 Good 70% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.86 💹 Current Price: $211,300.00 💸 Zestimate Price: $211,300.00 💸 Tax Assessed Value: $142,000.00 💸 Average Nearby Price: $245,975.00 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,383.00 💸 Monthly Hoa Tax: $14.00 💸 Annual Insurance: $887.00 💸 Total Annual Cost: $2,438.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,670.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.10 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1537 days 🕰️ |
| year built: | 📌 Good 100% Time Built: 2009 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1245 🏠 |