Auction Property: SMITH LULA
Owner's Name: SMITH LULA
Location: 1000 EDMONDS FARM RD
Amount Owed: $1,870
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -3.78
Decision: 🚩 Do Not Buy
Market Value: $52,800
Current Price: $117,100
Cost to Build: $159,720.00
10yr Cashflows: $77,516.14
Suggested Bid: $7,751.61 - $38,758.07
Cap Rate: 8.5%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 30% |
| marketRent: | ⚠️ Fair 61% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 19% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 31% |
| acquisitionVsMarketValue: | 🚩 Poor -609% |
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: 2.22 💹 Current Price: $117,100.00 💸 Zestimate Price: $117,100.00 💸 Tax Assessed Value: $54,400.00 💸 Average Nearby Price: $52,800.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,249.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $492.00 💸 Total Annual Cost: $1,741.00 💸 |
| rent potential: | 🚩 Poor 0% Estimated Rent Price: $975.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 6.14 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1965 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1331 🏠 |