Auction Property: TURNER MEREDITH B &
Owner's Name: TURNER MEREDITH B &
Location: 400 STRAWBERRY RIDGE LN
Amount Owed: $1,364
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 3.37
Decision: 🚩 Do Not Buy
Market Value: $504,838
Current Price: $933,000
Cost to Build: $892,800.00
10yr Cashflows: $363,491.06
Suggested Bid: $36,349.11 - $181,745.53
Cap Rate: 5.45%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 📌 Good 82% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 📌 Good 70% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -424% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy 🏅
| location: | City: Irmo 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.85 💹 Current Price: $933,000.00 💸 Zestimate Price: $933,000.00 💸 Tax Assessed Value: $2,300.00 💸 Average Nearby Price: $504,837.50 💸 |
| school trends: | 📌 Good 75% Average School Rating: 6.33 💹 |
| taxes: | 📌 Good 75% Annual Tax: $66.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $3,919.00 💸 Total Annual Cost: $3,985.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $4,572.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 5.25 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 2555 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1978 🕰️ |
| property info: | 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 7 🏠 Home Living Area: 7440 🏠 |