Auction Property: CORLEY MILTON BEN & REGINA
Owner's Name: CORLEY MILTON BEN & REGINA
Location: 267 WADE KELLY RD
Amount Owed: $1,173
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -1.67
Decision: 🚩 Do Not Buy
Market Value: $99,150
Current Price: $220,400
Cost to Build: $204,960.00
10yr Cashflows: $123,230.78
Suggested Bid: $12,323.08 - $61,615.39
Cap Rate: 7.56%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 53% |
| marketRent: | 📌 Good 97% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 24% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 11% |
| acquisitionVsMarketValue: | 🚩 Poor -611% |
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: 2.22 💹 Current Price: $220,400.00 💸 Zestimate Price: $220,400.00 💸 Tax Assessed Value: $68,900.00 💸 Average Nearby Price: $99,150.00 💸 |
| school trends: | 📌 Good 75% Average School Rating: 6.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,006.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $926.00 💸 Total Annual Cost: $1,932.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,550.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 6.37 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 4315 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1995 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1708 🏠 |