Auction Property: KING DEWITT

 


Owner's Name: KING DEWITT

Location: 109 JESSIE BROWN LN

Amount Owed: $493

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 12.13

Decision: 🏅 Buy  

Market Value: $152,488

Current Price: $10,400

Cost to Build: $135,000.00

10yr Cashflows: $88,169.64

Suggested Bid: $8,816.96 - $44,084.82

Cap Rate: 8.45%

** cap rate calculated based on Market Value 

Level 1 (Analysis)

Decision: Buy 🏅

location: ⚠️ Fair 56%
marketRent: ⚠️ Fair 69%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 16%
marketDemand: ⚠️ Fair 50%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: ⚠️ Fair 42%
acquisitionVsMarketValue: 📌 Good 100%

Level 2 (Simulation)

**involves significant stress testing

Decision: Buy 🏅

location: City: Blythewood 🚲 County: Richland County 🚲
price vs market value: 📌 Good 80% Value Ratio: 0.07 💹 Current Price: $10,400.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $10,400.00 💸 Average Nearby Price: $152,487.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 4.67 💹
taxes: 📌 Good 100% Annual Tax: $376.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $44.00 💸 Total Annual Cost: $420.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,109.00 💸
capitalization rate: ⚠️ Fair 63% Simulated Rating: 6.75 💹
exit strategy: 📌 Good 100% Time On Market: 0 🕰️
year built: 🚩 Poor 0% Time Built: 1961 🕰️
property info: ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1125 🏠