Auction Property: FING ARMANIE ETAL
Owner's Name: FING ARMANIE ETAL
Location: 5811 HIGHBEE RD
Amount Owed: $1,402
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 5.81
Decision: 🚩 Do Not Buy
Market Value: $162,563
Current Price: $247,900
Cost to Build: $209,040.00
10yr Cashflows: $138,416.00
Suggested Bid: $13,841.60 - $69,208.00
Cap Rate: 7.56%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 54% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 24% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 9% |
| acquisitionVsMarketValue: | 🚩 Poor -262% |
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: 1.52 💹 Current Price: $247,900.00 💸 Zestimate Price: $247,900.00 💸 Tax Assessed Value: $115,900.00 💸 Average Nearby Price: $162,562.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,114.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,041.00 💸 Total Annual Cost: $2,155.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,741.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 6.52 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1984 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 1742 🏠 |