Auction Property: BANNISTER TERESA JONES
Owner's Name: BANNISTER TERESA JONES
Location: 112 MELSTONE DR
Amount Owed: $1,341
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.79
Decision: 🚩 Do Not Buy
Market Value: $182,396
Current Price: $209,200
Cost to Build: $183,600.00
10yr Cashflows: $112,259.27
Suggested Bid: $11,225.93 - $56,129.63
Cap Rate: 7.12%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 56% |
| marketRent: | 📌 Good 88% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 21% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 20% |
| acquisitionVsMarketValue: | 🚩 Poor -73% |
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: 1.15 💹 Current Price: $209,200.00 💸 Zestimate Price: $209,200.00 💸 Tax Assessed Value: $107,900.00 💸 Average Nearby Price: $182,396.25 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,167.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $879.00 💸 Total Annual Cost: $2,046.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,412.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 5.85 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 5051 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 2000 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 30 🏠 Home Living Area: 1530 🏠 |