Auction Property: BROWN RUSSELL O
Owner's Name: BROWN RUSSELL O
Location: 305 CASTLEWOOD LN
Amount Owed: $1,620
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 4.16
Decision: 🚩 Do Not Buy
Market Value: $130,376
Current Price: $224,500
Cost to Build: $180,840.00
10yr Cashflows: $142,391.18
Suggested Bid: $14,239.12 - $71,195.59
Cap Rate: 8.51%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 57% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 21% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 22% |
| acquisitionVsMarketValue: | 🚩 Poor -361% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy 🏅
| location: | City: Elgin 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.72 💹 Current Price: $224,500.00 💸 Zestimate Price: $224,500.00 💸 Tax Assessed Value: $116,500.00 💸 Average Nearby Price: $130,376.25 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,434.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $943.00 💸 Total Annual Cost: $2,377.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,791.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.37 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1991 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1507 🏠 |