Auction Property: WINN KAREEM & KWANIA

 


Owner's Name: WINN KAREEM & KWANIA

Location: 1124 ROCKYMOUNT RD

Amount Owed: $864

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 6.30

Decision: 🚩 Do Not Buy  

Market Value: $100,463

Current Price: $143,300

Cost to Build: $135,000.00

10yr Cashflows: $111,543.74

Suggested Bid: $11,154.37 - $55,771.87

Cap Rate: 10.83%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: 🚩 Poor 33%
marketRent: 📌 Good 88%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 16%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: ⚠️ Fair 42%
acquisitionVsMarketValue: 🚩 Poor -213%

Level 2 (Simulation)

**involves significant stress testing

Decision: Do Not Buy 🏅

location: City: Columbia 🚲 County: Richland County 🚲
price vs market value: ⚠️ Fair 40% Value Ratio: 1.43 💹 Current Price: $143,300.00 💸 Zestimate Price: $143,300.00 💸 Tax Assessed Value: $44,900.00 💸 Average Nearby Price: $100,462.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 2.33 💹
taxes: 📌 Good 100% Annual Tax: $711.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $602.00 💸 Total Annual Cost: $1,313.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,403.00 💸
capitalization rate: 📌 Good 75% Simulated Rating: 8.97 💹
exit strategy: ⚠️ Fair 60% Time On Market: 7322 days 🕰️
year built: 📌 Good 100% Time Built: 2004 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1125 🏠