Auction Property: MYERS DIETRA

 


Owner's Name: MYERS DIETRA

Location: 1040 BASE HILL RD

Amount Owed: $1,062

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 8.20

Decision: 🚩 Do Not Buy  

Market Value: $65,625

Current Price: $73,000

Cost to Build: $60,480.00

10yr Cashflows: $73,779.46

Suggested Bid: $7,377.95 - $36,889.73

Cap Rate: 13.6%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: 🚩 Poor 33%
marketRent: ⚠️ Fair 58%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 7%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 📌 Good 74%
acquisitionVsMarketValue: 🚩 Poor -56%

Level 2 (Simulation)

**involves significant stress testing

Decision: Do Not Buy 🏅

location: City: Hopkins 🚲 County: Richland County 🚲
price vs market value: ⚠️ Fair 40% Value Ratio: 1.11 💹 Current Price: $73,000.00 💸 Zestimate Price: $73,000.00 💸 Tax Assessed Value: $17,500.00 💸 Average Nearby Price: $65,625.00 💸
school trends: ⚠️ Fair 50% Average School Rating: 3.67 💹
taxes: 📌 Good 100% Annual Tax: $900.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $307.00 💸 Total Annual Cost: $1,207.00 💸
rent potential: 🚩 Poor 0% Estimated Rent Price: $928.00 💸
capitalization rate: 📌 Good 75% Simulated Rating: 9.80 💹
exit strategy: ⚠️ Fair 60% Time On Market: 7101 days 🕰️
year built: 📌 Good 100% Time Built: 2009 🕰️
property info: ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: null 🏠 Home Living Area: 504 🏠