Auction Property: MOODY ERNEST ET AL
Owner's Name: MOODY ERNEST ET AL
Location: 234 LEMONWOOD CIR
Amount Owed: $696
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.95
Decision: 🚩 Do Not Buy
Market Value: $75,838
Current Price: $89,800
Cost to Build: $149,760.00
10yr Cashflows: $89,203.19
Suggested Bid: $8,920.32 - $44,601.59
Cap Rate: 13.96%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 35% |
| marketRent: | 📌 Good 70% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 17% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 35% |
| acquisitionVsMarketValue: | 🚩 Poor -92% |
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: 1.18 💹 Current Price: $89,800.00 💸 Zestimate Price: $89,800.00 💸 Tax Assessed Value: $45,400.00 💸 Average Nearby Price: $75,837.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $550.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $377.00 💸 Total Annual Cost: $927.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,122.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 10.92 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1970 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1248 🏠 |