Auction Property: CLARKSON ALLERY
Owner's Name: CLARKSON ALLERY
Location: 109 ACIE AVE
Amount Owed: $708
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -2.55
Decision: 🚩 Do Not Buy
Market Value: $54,550
Current Price: $120,500
Cost to Build: $120,000.00
10yr Cashflows: $94,370.93
Suggested Bid: $9,437.09 - $47,185.47
Cap Rate: 10.93%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 30% |
| marketRent: | 📌 Good 74% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 14% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 48% |
| acquisitionVsMarketValue: | 🚩 Poor -604% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy 🏅
| location: | City: Hopkins 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 2.21 💹 Current Price: $120,500.00 💸 Zestimate Price: $120,500.00 💸 Tax Assessed Value: $6,000.00 💸 Average Nearby Price: $54,550.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $562.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $506.00 💸 Total Annual Cost: $1,068.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,187.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 8.68 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1349 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1970 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1000 🏠 |