Auction Property: MARSHALL QUITMAN ETAL
Owner's Name: MARSHALL QUITMAN ETAL
Location: 167 GENE DR
Amount Owed: $1,494
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -15.91
Decision: 🚩 Do Not Buy
Market Value: $40,623
Current Price: $147,200
Cost to Build: $257,160.00
10yr Cashflows: $144,617.29
Suggested Bid: $14,461.73 - $72,308.64
Cap Rate: 14.37%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 27% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 30% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -1,312% |
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: 3.62 💹 Current Price: $147,200.00 💸 Zestimate Price: $147,200.00 💸 Tax Assessed Value: $2,100.00 💸 Average Nearby Price: $40,623.38 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $64.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $618.00 💸 Total Annual Cost: $682.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,819.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 12.62 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1959 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 5 🏠 Home Living Area: 2143 🏠 |