Auction Property: GREENWADE GERIAN
Owner's Name: GREENWADE GERIAN
Location: 221 WESTWOOD AVE
Amount Owed: $4,253
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.98
Decision: 🚩 Do Not Buy
Market Value: $166,300
Current Price: $181,700
Cost to Build: $201,120.00
10yr Cashflows: $142,550.19
Suggested Bid: $14,255.02 - $71,275.10
Cap Rate: 9.22%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Hold
| location: | ⚠️ Fair 51% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 23% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 13% |
| acquisitionVsMarketValue: | 🚩 Poor -46% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Hold
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.09 💹 Current Price: $181,700.00 💸 Zestimate Price: $181,700.00 💸 Tax Assessed Value: $125,800.00 💸 Average Nearby Price: $166,300.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.00 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $4,003.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $763.00 💸 Total Annual Cost: $4,766.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,793.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.80 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1955 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1676 🏠 |