Auction Property: WATTS RONALD B JR
Owner's Name: WATTS RONALD B JR
Location: 200 HOUSE RD
Amount Owed: $790
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 11.39
Decision: ⚠️ Consider
Market Value: $302,088
Current Price: $291,100
Cost to Build: $304,680.00
10yr Cashflows: $165,924.29
Suggested Bid: $16,592.43 - $82,962.14
Cap Rate: 7.79%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Buy 🏅
| location: | 📌 Good 73% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 36% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor 18% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Lexington County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.96 💹 Current Price: $291,100.00 💸 Zestimate Price: $291,100.00 💸 Tax Assessed Value: $185,391.00 💸 Average Nearby Price: $302,087.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,133.11 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,223.00 💸 Total Annual Cost: $2,356.11 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,087.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 6.94 💹 |
| exit strategy: | 🚩 Poor 0% Time On Market: 9041 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1972 🕰️ |
| property info: | 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 2539 🏠 |