stanjdev / realyzer

A web application for real estate investors to determine a rental property's profitability (ROI). Creates a printable PDF report with images and a map of the property
https://realyzer.app/
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Calculation - Property Taxes avg per state, & Insurance #14

Open stanjdev opened 4 years ago

stanjdev commented 4 years ago

“how are property taxes calculated in this state?” there might be formula, or flat rate. “average property taxes % in this state.” best would be average. average % of that state. https://wallethub.com/edu/states-with-the-highest-and-lowest-property-taxes/11585 median. You’ll get smartasset.com in google results

Property taxes calc. based on address. based on state, avg on state. % of purchase price. (detect the state) - mapbox or google maps?

make a spreadsheet or some database- volatile, census bureau. zillow gets it from public resource. some official government site. maybe state sites. compiled.

National average 1.08% - 1.37% Lowest: Hawaii | 0.32% Highest: New Jersey | 2.31%

Standard 5% (OR maybe he meant 0.5% ?) of purchase price. Brandon turner says. $0.50 per square foot. GB, pros say state by state differ. flooded, tornados

$1,200 annual average for insurance in CA. $1,400 / US average. based on national avg of.

starting at $23/month up to $80/month $100/month as national average.