Auction Property: KING IRENE
Owner's Name: KING IRENE
Location: 160 STROY RD
Amount Owed: $1,395
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.30
Decision: 🚩 Do Not Buy
Market Value: $106,325
Current Price: $131,000
Cost to Build: $123,120.00
10yr Cashflows: $84,273.96
Suggested Bid: $8,427.40 - $42,136.98
Cap Rate: 8.44%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 40% |
| marketRent: | ⚠️ Fair 66% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 14% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 47% |
| acquisitionVsMarketValue: | 🚩 Poor -116% |
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: 1.23 💹 Current Price: $131,000.00 💸 Zestimate Price: $131,000.00 💸 Tax Assessed Value: $73,700.00 💸 Average Nearby Price: $106,325.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,108.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $550.00 💸 Total Annual Cost: $1,658.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,060.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 6.35 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1972 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1026 🏠 |