Auction Property: GROOMS STEVE ETAL
Owner's Name: GROOMS STEVE ETAL
Location: 1528 BLAKELEY ST
Amount Owed: $1,493
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -1.75
Decision: 🚩 Do Not Buy
Market Value: $15,425
Current Price: $31,500
Cost to Build: $152,640.00
10yr Cashflows: $106,773.51
Suggested Bid: $10,677.35 - $53,386.76
Cap Rate: Unknown
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 15% |
| marketRent: | 📌 Good 84% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 18% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 34% |
| acquisitionVsMarketValue: | 🚩 Poor -521% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 2.04 💹 Current Price: $31,500.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $31,500.00 💸 Average Nearby Price: $15,425.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,312.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $132.00 💸 Total Annual Cost: $1,444.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,343.00 💸 |
| capitalization rate: | 🚩 Poor 0% Simulated Rating: 0.00 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1969 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1272 🏠 |