Auction Property: KING MARY ELLEN LOWRY
Owner's Name: KING MARY ELLEN LOWRY
Location: R1112 RUMAR ST
Amount Owed: $1,490
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -4.02
Decision: 🚩 Do Not Buy
Market Value: $76,663
Current Price: $181,900
Cost to Build: $240,360.00
10yr Cashflows: $118,619.57
Suggested Bid: $11,861.96 - $59,309.78
Cap Rate: 9.39%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 32% |
| marketRent: | 📌 Good 93% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 28% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -686% |
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: 2.37 💹 Current Price: $181,900.00 💸 Zestimate Price: $181,900.00 💸 Tax Assessed Value: $1,700.00 💸 Average Nearby Price: $76,662.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $53.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $764.00 💸 Total Annual Cost: $817.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,492.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.94 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1965 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 2003 🏠 |