Auction Property: RAM REAL ESTATE COMPANY LLC
Owner's Name: RAM REAL ESTATE COMPANY LLC
Location: 908 WOODALE CIR
Amount Owed: $1,647
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 2.82
Decision: 🚩 Do Not Buy
Market Value: $77,755
Current Price: $130,000
Cost to Build: $120,600.00
10yr Cashflows: $93,257.88
Suggested Bid: $9,325.79 - $46,628.94
Cap Rate: 9.29%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 32% |
| marketRent: | 📌 Good 73% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 14% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 48% |
| acquisitionVsMarketValue: | 🚩 Poor -336% |
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: 1.67 💹 Current Price: $130,000.00 💸 Zestimate Price: $130,000.00 💸 Tax Assessed Value: $36,500.00 💸 Average Nearby Price: $77,755.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,459.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $546.00 💸 Total Annual Cost: $2,005.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,173.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.19 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1971 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1005 🏠 |