Auction Property: RASMUSSEN RAYMOND P
Owner's Name: RASMUSSEN RAYMOND P
Location: 110 BRICKINGHAM WAY
Amount Owed: $2,008
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 12.32
Decision: 🏅 Buy
Market Value: $311,975
Current Price: $305,000
Cost to Build: $309,000.00
10yr Cashflows: $180,950.49
Suggested Bid: $18,095.05 - $90,475.25
Cap Rate: 7.83%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Buy 🏅
| location: | 📌 Good 75% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 36% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 80% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor 11% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.98 💹 Current Price: $305,000.00 💸 Zestimate Price: $305,000.00 💸 Tax Assessed Value: $157,800.00 💸 Average Nearby Price: $311,975.00 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,804.00 💸 Monthly Hoa Tax: $30.00 💸 Annual Insurance: $1,281.00 💸 Total Annual Cost: $3,445.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,276.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.02 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 7405 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1996 🕰️ |
| property info: | 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 2575 🏠 |