Auction Property: CUNNINGHAM FREDERIC
Owner's Name: CUNNINGHAM FREDERIC
Location: 1752 BASE HILL RD
Amount Owed: $968
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 6.06
Decision: 🚩 Do Not Buy
Market Value: $89,963
Current Price: $125,300
Cost to Build: $137,280.00
10yr Cashflows: $104,626.91
Suggested Bid: $10,462.69 - $52,313.46
Cap Rate: 11.54%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 38% |
| marketRent: | 📌 Good 82% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 16% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 41% |
| acquisitionVsMarketValue: | 🚩 Poor -196% |
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: 1.39 💹 Current Price: $125,300.00 💸 Zestimate Price: $125,300.00 💸 Tax Assessed Value: $58,800.00 💸 Average Nearby Price: $89,962.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $811.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $526.00 💸 Total Annual Cost: $1,337.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,316.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 9.39 💹 |
| exit strategy: | 🚩 Poor 0% Time On Market: 9624 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 2002 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1144 🏠 |