Auction Property: RAM REAL ESTATE COMPANY LLC
Owner's Name: RAM REAL ESTATE COMPANY LLC
Location: 1615 LANGWATER ST
Amount Owed: $1,491
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 11.71
Decision: ⚠️ Consider
Market Value: $131,638
Current Price: $99,900
Cost to Build: $124,320.00
10yr Cashflows: $94,768.45
Suggested Bid: $9,476.84 - $47,384.22
Cap Rate: 12.56%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Buy 🏅
| location: | ⚠️ Fair 47% |
| marketRent: | 📌 Good 75% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 15% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 46% |
| acquisitionVsMarketValue: | 📌 Good 100% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.76 💹 Current Price: $99,900.00 💸 Zestimate Price: $99,900.00 💸 Tax Assessed Value: $42,200.00 💸 Average Nearby Price: $131,637.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,341.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $420.00 💸 Total Annual Cost: $1,761.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,192.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 9.84 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 3136 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1964 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1036 🏠 |