Auction Property: RAM REAL ESTATE COMPANY LLC
Owner's Name: RAM REAL ESTATE COMPANY LLC
Location: 3003 HAMMOND AVE
Amount Owed: $1,134
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 0.76
Decision: 🚩 Do Not Buy
Market Value: $52,324
Current Price: $99,200
Cost to Build: $129,600.00
10yr Cashflows: $107,409.54
Suggested Bid: $10,740.95 - $53,704.77
Cap Rate: 14.92%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 30% |
| marketRent: | 📌 Good 84% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 15% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 44% |
| acquisitionVsMarketValue: | 🚩 Poor -448% |
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: 1.90 💹 Current Price: $99,200.00 💸 Zestimate Price: $99,200.00 💸 Tax Assessed Value: $31,300.00 💸 Average Nearby Price: $52,324.38 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $997.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $417.00 💸 Total Annual Cost: $1,414.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,351.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 12.22 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 6711 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1958 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1080 🏠 |