Auction Property: RITTER MARGARET L
Owner's Name: RITTER MARGARET L
Location: 232 CHANWOOD CT
Amount Owed: $1,447
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -46.39
Decision: 🚩 Do Not Buy
Market Value: $65,688
Current Price: $446,000
Cost to Build: $432,000.00
10yr Cashflows: $259,818.20
Suggested Bid: $25,981.82 - $129,909.10
Cap Rate: 8.08%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 34% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | ⚠️ Fair 50% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 80% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -2,895% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy 🏅
| location: | City: Eastover 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 6.79 💹 Current Price: $446,000.00 💸 Zestimate Price: $446,000.00 💸 Tax Assessed Value: $172,100.00 💸 Average Nearby Price: $65,687.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,268.00 💸 Monthly Hoa Tax: $4.00 💸 Annual Insurance: $1,873.00 💸 Total Annual Cost: $3,189.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $3,268.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.58 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1987 🕰️ |
| property info: | 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 5 🏠 Home Living Area: 3600 🏠 |