Auction Property: JOHNSON REGINA H
Owner's Name: JOHNSON REGINA H
Location: 2010 HORRELL HILL RD
Amount Owed: $1,740
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 4.61
Decision: 🚩 Do Not Buy
Market Value: $58,363
Current Price: $85,500
Cost to Build: $139,200.00
10yr Cashflows: $88,646.66
Suggested Bid: $8,864.67 - $44,323.33
Cap Rate: 14.52%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 31% |
| marketRent: | ⚠️ Fair 70% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 16% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 40% |
| acquisitionVsMarketValue: | 🚩 Poor -232% |
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: 1.46 💹 Current Price: $85,500.00 💸 Zestimate Price: $85,500.00 💸 Tax Assessed Value: $39,500.00 💸 Average Nearby Price: $58,362.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $610.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $359.00 💸 Total Annual Cost: $969.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,115.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 11.32 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1960 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1160 🏠 |