Auction Property: MCKEOWN MARY ANN
Owner's Name: MCKEOWN MARY ANN
Location: 2065 DREXEL LAKE DR
Amount Owed: $5,816
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.84
Decision: 🚩 Do Not Buy
Market Value: $234,113
Current Price: $231,800
Cost to Build: $230,280.00
10yr Cashflows: $135,712.87
Suggested Bid: $13,571.29 - $67,856.44
Cap Rate: 6.07%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | ⚠️ Fair 68% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 27% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor 5% |
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: 0.99 💹 Current Price: $231,800.00 💸 Zestimate Price: $231,800.00 💸 Tax Assessed Value: $137,800.00 💸 Average Nearby Price: $234,112.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $5,434.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $974.00 💸 Total Annual Cost: $6,408.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,707.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 4.95 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 7368 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1965 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 1919 🏠 |