Auction Property: POWELL RUSSELL L

 


Owner's Name: POWELL RUSSELL L

Location: 229 BOB WHITE AVE

Amount Owed: $2,427

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 9.54

Decision: 🚩 Do Not Buy  

Market Value: $165,613

Current Price: $170,400

Cost to Build: $170,040.00

10yr Cashflows: $113,690.34

Suggested Bid: $11,369.03 - $56,845.17

Cap Rate: 8.47%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Hold

location: ⚠️ Fair 53%
marketRent: 📌 Good 89%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 20%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 26%
acquisitionVsMarketValue: 🚩 Poor -14%

Level 2 (Simulation)

**involves significant stress testing

Decision: Hold

location: City: Hopkins 🚲 County: Richland County 🚲
price vs market value: ⚠️ Fair 40% Value Ratio: 1.03 💹 Current Price: $170,400.00 💸 Zestimate Price: $170,400.00 💸 Tax Assessed Value: $61,800.00 💸 Average Nearby Price: $165,612.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 3.33 💹
taxes: 📌 Good 100% Annual Tax: $2,004.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $716.00 💸 Total Annual Cost: $2,720.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,430.00 💸
capitalization rate: ⚠️ Fair 63% Simulated Rating: 6.92 💹
exit strategy: ⚠️ Fair 60% Time On Market: 5418 days 🕰️
year built: 🚩 Poor 0% Time Built: 1976 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1417 🏠