Auction Property: SMITH LAVERNE N ETAL
Owner's Name: SMITH LAVERNE N ETAL
Location: 1326 CLARKSON RD
Amount Owed: $6,666
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -19.70
Decision: 🚩 Do Not Buy
Market Value: $81,550
Current Price: $325,700
Cost to Build: $423,000.00
10yr Cashflows: $189,457.39
Suggested Bid: $18,945.74 - $94,728.70
Cap Rate: 6.44%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 36% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | ⚠️ Fair 49% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -1,497% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy 🏅
| location: | City: Hopkins 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 3.99 💹 Current Price: $325,700.00 💸 Zestimate Price: $325,700.00 💸 Tax Assessed Value: $199,500.00 💸 Average Nearby Price: $81,550.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $6,254.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,368.00 💸 Total Annual Cost: $7,622.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,383.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 5.69 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1967 🕰️ |
| property info: | 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 3525 🏠 |