Auction Property: MARTIN PAULINE ETALS
Owner's Name: MARTIN PAULINE ETALS
Location: 217 VANDOVAL RD
Amount Owed: $985
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 3.19
Decision: 🚩 Do Not Buy
Market Value: $74,675
Current Price: $123,900
Cost to Build: $230,880.00
10yr Cashflows: $107,330.04
Suggested Bid: $10,733.00 - $53,665.02
Cap Rate: 11.99%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 35% |
| marketRent: | 📌 Good 84% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 27% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -330% |
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: 1.66 💹 Current Price: $123,900.00 💸 Zestimate Price: $123,900.00 💸 Tax Assessed Value: $60,900.00 💸 Average Nearby Price: $74,675.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $827.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $520.00 💸 Total Annual Cost: $1,347.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,350.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 9.83 💹 |
| 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: 1924 🏠 |