Auction Property: LOCKWOOD 1 LLC
Owner's Name: LOCKWOOD 1 LLC
Location: 107 BOULTERS LOCK RD
Amount Owed: $3,990
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 12.31
Decision: 🏅 Buy
Market Value: $230,038
Current Price: $125,000
Cost to Build: $196,800.00
10yr Cashflows: $138,256.99
Suggested Bid: $13,825.70 - $69,128.50
Cap Rate: 7.43%
** cap rate calculated based on Market Value
Level 1 (Analysis)
Decision: Buy 🏅
| location: | 📌 Good 71% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 23% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 15% |
| acquisitionVsMarketValue: | 📌 Good 100% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Irmo 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.54 💹 Current Price: $125,000.00 💸 Zestimate Price: $240,800.00 💸 Tax Assessed Value: $114,900.00 💸 Average Nearby Price: $230,037.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.33 💹 |
| taxes: | 📌 Good 75% Annual Tax: $3,241.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $525.00 💸 Total Annual Cost: $3,766.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,739.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 6.40 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 382 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1973 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1640 🏠 |