Auction Property: JULIUS MURRAY SR ESTATE
Owner's Name: JULIUS MURRAY SR ESTATE
Location: 2203 STARK ST
Amount Owed: $4,369
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 1.69
Decision: 🚩 Do Not Buy
Market Value: $119,088
Current Price: $218,600
Cost to Build: $180,240.00
10yr Cashflows: $184,846.18
Suggested Bid: $18,484.62 - $92,423.09
Cap Rate: 10.74%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 39% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 21% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 22% |
| acquisitionVsMarketValue: | 🚩 Poor -418% |
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: 1.84 💹 Current Price: $218,600.00 💸 Zestimate Price: $218,600.00 💸 Tax Assessed Value: $121,300.00 💸 Average Nearby Price: $119,087.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.67 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $3,509.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $918.00 💸 Total Annual Cost: $4,427.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,325.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 9.62 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1940 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 5 🏠 Home Living Area: 1502 🏠 |