Auction Property: RAM REAL ESTATE COMPANY LLC
Owner's Name: RAM REAL ESTATE COMPANY LLC
Location: 118 DUKE AVE
Amount Owed: $2,268
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 6.48
Decision: 🚩 Do Not Buy
Market Value: $113,225
Current Price: $155,100
Cost to Build: $162,000.00
10yr Cashflows: $111,861.75
Suggested Bid: $11,186.18 - $55,930.88
Cap Rate: 9.12%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 40% |
| marketRent: | 📌 Good 88% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 19% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 30% |
| acquisitionVsMarketValue: | 🚩 Poor -185% |
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: 1.37 💹 Current Price: $155,100.00 💸 Zestimate Price: $155,100.00 💸 Tax Assessed Value: $65,600.00 💸 Average Nearby Price: $113,225.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $2,089.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $651.00 💸 Total Annual Cost: $2,740.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,407.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.40 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 5768 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1989 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1350 🏠 |