Auction Property: TURNER HEATHER MARIE
Owner's Name: TURNER HEATHER MARIE
Location: 1124 ELGIN RD
Amount Owed: $2,069
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -2.55
Decision: 🚩 Do Not Buy
Market Value: $143,625
Current Price: $341,900
Cost to Build: $312,480.00
10yr Cashflows: $159,166.47
Suggested Bid: $15,916.65 - $79,583.24
Cap Rate: 6.06%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 59% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 36% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -690% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy 🏅
| location: | City: Elgin 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 2.38 💹 Current Price: $341,900.00 💸 Zestimate Price: $341,900.00 💸 Tax Assessed Value: $163,600.00 💸 Average Nearby Price: $143,625.00 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,862.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,436.00 💸 Total Annual Cost: $3,298.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,002.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 5.33 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1980 🕰️ |
| property info: | 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 2604 🏠 |