Auction Property: ARNOLD CONNIE
Owner's Name: ARNOLD CONNIE
Location: 1704 MORNINGLO LN
Amount Owed: $692
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.21
Decision: 🚩 Do Not Buy
Market Value: $134,538
Current Price: $160,300
Cost to Build: $153,000.00
10yr Cashflows: $118,540.06
Suggested Bid: $11,854.01 - $59,270.03
Cap Rate: 10.4%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 51% |
| marketRent: | 📌 Good 93% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 18% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 34% |
| acquisitionVsMarketValue: | 🚩 Poor -96% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.19 💹 Current Price: $160,300.00 💸 Zestimate Price: $160,300.00 💸 Tax Assessed Value: $67,500.00 💸 Average Nearby Price: $134,537.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $546.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $673.00 💸 Total Annual Cost: $1,219.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,491.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 8.75 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1354 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1957 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 1275 🏠 |