Auction Property: RAM REAL ESTATE COMPANY LLC

 


Owner's Name: RAM REAL ESTATE COMPANY LLC

Location: 730 CINDY DR

Amount Owed: $1,464

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 7.29

Decision: 🚩 Do Not Buy  

Market Value: $98,063

Current Price: $124,200

Cost to Build: $123,840.00

10yr Cashflows: $107,250.53

Suggested Bid: $10,725.05 - $53,625.27

Cap Rate: 11.55%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: ⚠️ Fair 41%
marketRent: 📌 Good 84%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 14%
marketDemand: ⚠️ Fair 50%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: ⚠️ Fair 46%
acquisitionVsMarketValue: 🚩 Poor -133%

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: 1.27 💹 Current Price: $124,200.00 💸 Zestimate Price: $124,200.00 💸 Tax Assessed Value: $41,300.00 💸 Average Nearby Price: $98,062.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 4.00 💹
taxes: 📌 Good 100% Annual Tax: $1,315.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $522.00 💸 Total Annual Cost: $1,837.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,349.00 💸
capitalization rate: 📌 Good 75% Simulated Rating: 9.40 💹
exit strategy: 📌 Good 100% Time On Market: 0 🕰️
year built: 🚩 Poor 0% Time Built: 1967 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1032 🏠