Auction Property: WR HOMES INC
Owner's Name: WR HOMES INC
Location: 100 STONEBROOK DR
Amount Owed: $16,835
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 3.31
Decision: 🚩 Do Not Buy
Market Value: $437,873
Current Price: $815,000
Cost to Build: $588,000.00
10yr Cashflows: $292,096.71
Suggested Bid: $29,209.67 - $146,048.36
Cap Rate: 2.9%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 📌 Good 83% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | ⚠️ Fair 69% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 80% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -431% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy 🏅
| location: | City: Blythewood 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.86 💹 Current Price: $815,000.00 💸 Zestimate Price: $829,300.00 💸 Tax Assessed Value: $428,700.00 💸 Average Nearby Price: $437,872.50 💸 |
| school trends: | 📌 Good 75% Average School Rating: 6.67 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $15,972.00 💸 Monthly Hoa Tax: $85.00 💸 Annual Insurance: $3,423.00 💸 Total Annual Cost: $20,415.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $3,674.00 💸 |
| capitalization rate: | 🚩 Poor 13% Simulated Rating: 2.64 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 185 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1990 🕰️ |
| property info: | 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 4900 🏠 |