Auction Property: MORELAND ROBERT C

 


Owner's Name: MORELAND ROBERT C

Location: 119 DEER RUN RD

Amount Owed: $1,888

Type: HOME_TYPE_UNKNOWN

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 11.97

Decision: ⚠️ Consider  

Market Value: $262,163

Current Price: $5,800

Cost to Build: $201,840.00

10yr Cashflows: $129,114.06

Suggested Bid: $12,911.41 - $64,557.03

Cap Rate: 7.42%

** cap rate calculated based on Market Value 

Level 1 (Analysis)

Decision: Buy 🏅

location: 📌 Good 78%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 24%
marketDemand: 🚩 Poor 0%
propertyType: 🚩 Poor 0%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 13%
acquisitionVsMarketValue: 📌 Good 100%

Level 2 (Simulation)

**involves significant stress testing

Decision: Buy 🏅

location: City: Elgin 🚲 County: Richland County 🚲
price vs market value: 📌 Good 100% Value Ratio: 0.02 💹 Current Price: $5,800.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $5,800.00 💸 Average Nearby Price: $262,162.50 💸
school trends: 📌 Good 75% Average School Rating: 5.67 💹
taxes: 📌 Good 100% Annual Tax: $0.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $24.00 💸 Total Annual Cost: $24.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,624.00 💸
capitalization rate: ⚠️ Fair 63% Simulated Rating: 6.52 💹
exit strategy: 🚩 Poor 0% Time On Market: 9457 days 🕰️
year built: ⚠️ Fair 63% Time Built: 1990 🕰️
property info: 🚩 Poor 30% Home Type: HOME_TYPE_UNKNOWN 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1682 🏠