Auction Property: JONES MICHAEL H

 


Owner's Name: JONES MICHAEL H

Location: RR 311 ROCKINGHAM RD

Amount Owed: $276

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 13.75

Decision: 💎 Strong Buy  

Market Value: $152,089

Current Price: $1,000

Cost to Build: $0.00

10yr Cashflows: $148,830.99

Suggested Bid: $14,883.10 - $74,415.49

Cap Rate: 14.74%

** cap rate calculated based on Market Value 

Level 1 (Analysis)

Decision: Buy 🏅

location: ⚠️ Fair 56%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 35%
marketDemand: ⚠️ Fair 50%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 0%
acquisitionVsMarketValue: 📌 Good 100%

Level 2 (Simulation)

**involves significant stress testing

Decision: Buy 🏅

location: City: Columbia 🚲 County: Richland County 🚲
price vs market value: 📌 Good 100% Value Ratio: 0.01 💹 Current Price: $1,000.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $1,000.00 💸 Average Nearby Price: $152,088.89 💸
school trends: ⚠️ Fair 50% Average School Rating: 4.67 💹
taxes: 📌 Good 100% Annual Tax: $36.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $4.00 💸 Total Annual Cost: $40.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,872.00 💸
capitalization rate: 📌 Good 100% Simulated Rating: 13.25 💹
exit strategy: 📌 Good 100% Time On Market: 0 🕰️
year built: 🚩 Poor 0% Time Built: 0 🕰️
property info: 📌 Good 70% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: null 🏠 Home Living Area: 33 Acres 🏠