Auction Property: WHITE LUTHER

 


Owner's Name: WHITE LUTHER

Location: 1273 LAWHORN RD

Amount Owed: $1,343

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 13.47

Decision: 💎 Strong Buy  

Market Value: $166,200

Current Price: $24,200

Cost to Build: $177,480.00

10yr Cashflows: $135,315.35

Suggested Bid: $13,531.54 - $67,657.68

Cap Rate: 11.47%

** cap rate calculated based on Market Value 

Level 1 (Analysis)

Decision: Buy 🏅

location: ⚠️ Fair 64%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 21%
marketDemand: ⚠️ Fair 50%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 23%
acquisitionVsMarketValue: 📌 Good 100%

Level 2 (Simulation)

**involves significant stress testing

Decision: Buy 🏅

location: City: Blythewood 🚲 County: Richland County 🚲
price vs market value: ⚠️ Fair 60% Value Ratio: 0.15 💹 Current Price: $24,200.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $24,200.00 💸 Average Nearby Price: $166,200.00 💸
school trends: 📌 Good 75% Average School Rating: 5.67 💹
taxes: 📌 Good 100% Annual Tax: $1,264.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $102.00 💸 Total Annual Cost: $1,366.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,702.00 💸
capitalization rate: 📌 Good 88% Simulated Rating: 10.04 💹
exit strategy: 📌 Good 100% Time On Market: 0 🕰️
year built: 🚩 Poor 0% Time Built: 1950 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 1479 🏠