Auction Property: LEWIS RONALD
Owner's Name: LEWIS RONALD
Location: 1436 HEYWARD BROCKINGTON
Amount Owed: $1,629
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.34
Decision: 🚩 Do Not Buy
Market Value: $85,075
Current Price: $106,800
Cost to Build: $106,200.00
10yr Cashflows: $110,828.20
Suggested Bid: $11,082.82 - $55,414.10
Cap Rate: 13.87%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 30% |
| marketRent: | 📌 Good 87% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 12% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 54% |
| acquisitionVsMarketValue: | 🚩 Poor -128% |
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: 1.26 💹 Current Price: $106,800.00 💸 Zestimate Price: $106,800.00 💸 Tax Assessed Value: $49,700.00 💸 Average Nearby Price: $85,075.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,461.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $449.00 💸 Total Annual Cost: $1,910.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,394.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 11.38 💹 |
| 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: 4 🏠 Home Living Area: 885 🏠 |