Auction Property: CRUZ REYNALDO
Owner's Name: CRUZ REYNALDO
Location: 273 KING CHARLES RD
Amount Owed: $6,701
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 4.33
Decision: 🚩 Do Not Buy
Market Value: $173,780
Current Price: $286,400
Cost to Build: $225,240.00
10yr Cashflows: $147,081.90
Suggested Bid: $14,708.19 - $73,540.95
Cap Rate: 5.11%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 📌 Good 71% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 26% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 2% |
| acquisitionVsMarketValue: | 🚩 Poor -324% |
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: 1.65 💹 Current Price: $286,400.00 💸 Zestimate Price: $286,400.00 💸 Tax Assessed Value: $200,000.00 💸 Average Nearby Price: $173,779.75 💸 |
| school trends: | 📌 Good 75% Average School Rating: 6.67 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $6,362.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,203.00 💸 Total Annual Cost: $7,565.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,850.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 4.22 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1757 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1999 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 1877 🏠 |