Auction Property: RAM REAL ESTATE COMPANY LLC
Owner's Name: RAM REAL ESTATE COMPANY LLC
Location: 7116 CORNELIUS DR
Amount Owed: $1,530
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 11.57
Decision: ⚠️ Consider
Market Value: $116,963
Current Price: $96,700
Cost to Build: $123,840.00
10yr Cashflows: $97,630.58
Suggested Bid: $9,763.06 - $48,815.29
Cap Rate: 13.39%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Buy 🏅
| location: | ⚠️ Fair 45% |
| marketRent: | 📌 Good 77% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 14% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 46% |
| acquisitionVsMarketValue: | 📌 Good 87% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.83 💹 Current Price: $96,700.00 💸 Zestimate Price: $96,700.00 💸 Tax Assessed Value: $43,300.00 💸 Average Nearby Price: $116,962.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,378.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $406.00 💸 Total Annual Cost: $1,784.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,228.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 10.60 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 7245 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1967 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1032 🏠 |