Auction Property: MURRAY JULIUS JR
Owner's Name: MURRAY JULIUS JR
Location: 1922 CHAIN GANG RD
Amount Owed: $2,581
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 6.06
Decision: 🚩 Do Not Buy
Market Value: $93,763
Current Price: $130,500
Cost to Build: $144,000.00
10yr Cashflows: $113,690.34
Suggested Bid: $11,369.03 - $56,845.17
Cap Rate: 10.93%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 40% |
| marketRent: | 📌 Good 89% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 17% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 38% |
| acquisitionVsMarketValue: | 🚩 Poor -196% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy 🏅
| location: | City: Eastover 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.39 💹 Current Price: $130,500.00 💸 Zestimate Price: $130,500.00 💸 Tax Assessed Value: $66,800.00 💸 Average Nearby Price: $93,762.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $2,352.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $548.00 💸 Total Annual Cost: $2,900.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,430.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 8.89 💹 |
| 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: 1200 🏠 |