Auction Property: RAM REAL ESTATE COMPANY LLC
Owner's Name: RAM REAL ESTATE COMPANY LLC
Location: 722 IRBY AVE
Amount Owed: $1,497
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.82
Decision: 🚩 Do Not Buy
Market Value: $91,603
Current Price: $107,300
Cost to Build: $168,000.00
10yr Cashflows: $105,660.46
Suggested Bid: $10,566.05 - $52,830.23
Cap Rate: 13.19%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 28% |
| marketRent: | 📌 Good 83% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 20% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 27% |
| acquisitionVsMarketValue: | 🚩 Poor -86% |
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: 1.17 💹 Current Price: $107,300.00 💸 Zestimate Price: $107,300.00 💸 Tax Assessed Value: $42,300.00 💸 Average Nearby Price: $91,602.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 1.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,347.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $451.00 💸 Total Annual Cost: $1,798.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,329.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 10.69 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 6860 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1955 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1400 🏠 |