Auction Property: WILLIAMS FRANK
Owner's Name: WILLIAMS FRANK
Location: 93 DODAMEAD ST
Amount Owed: $659
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -0.38
Decision: 🚩 Do Not Buy
Market Value: $107,600
Current Price: $224,900
Cost to Build: $284,520.00
10yr Cashflows: $147,876.94
Suggested Bid: $14,787.69 - $73,938.47
Cap Rate: 9.27%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 43% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 39% |
| marketDemand: | ⚠️ Fair 43% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -545% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy 🏅
| location: | City: Eastover 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 2.09 💹 Current Price: $224,900.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $71,500.00 💸 Average Nearby Price: $107,600.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $534.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $945.00 💸 Total Annual Cost: $1,479.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,860.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 8.13 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 102 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1980 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 2371 🏠 |