Auction Property: DAY LATARSHA ETAL
Owner's Name: DAY LATARSHA ETAL
Location: 1385 OLD MCGRAW RD
Amount Owed: $1,025
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -27.54
Decision: 🚩 Do Not Buy
Market Value: $28,100
Current Price: $132,700
Cost to Build: $142,560.00
10yr Cashflows: $111,623.24
Suggested Bid: $11,162.32 - $55,811.62
Cap Rate: 11.62%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 26% |
| marketRent: | 📌 Good 88% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 17% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 38% |
| acquisitionVsMarketValue: | 🚩 Poor -1,861% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy 🏅
| location: | City: Eastover 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 4.72 💹 Current Price: $132,700.00 💸 Zestimate Price: $132,700.00 💸 Tax Assessed Value: $66,200.00 💸 Average Nearby Price: $28,100.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $865.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $557.00 💸 Total Annual Cost: $1,422.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,404.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 9.62 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1978 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1188 🏠 |