Auction Property: ELLISON LILLIAN S
Owner's Name: ELLISON LILLIAN S
Location: 155 BYNUM RD
Amount Owed: $3,700
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -13.98
Decision: 🚩 Do Not Buy
Market Value: $66,713
Current Price: $231,200
Cost to Build: $227,520.00
10yr Cashflows: $137,143.94
Suggested Bid: $13,714.39 - $68,571.97
Cap Rate: 8.09%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 34% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 27% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 1% |
| acquisitionVsMarketValue: | 🚩 Poor -1,233% |
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: 3.47 💹 Current Price: $231,200.00 💸 Zestimate Price: $231,200.00 💸 Tax Assessed Value: $103,100.00 💸 Average Nearby Price: $66,712.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,028.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $971.00 💸 Total Annual Cost: $1,999.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,725.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 6.97 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1998 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1896 🏠 |