Auction Property: AUGUSTUS JAMES JR &
Owner's Name: AUGUSTUS JAMES JR &
Location: 31 ACME ST
Amount Owed: $576
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.85
Decision: 🚩 Do Not Buy
Market Value: $70,750
Current Price: $79,500
Cost to Build: $117,000.00
10yr Cashflows: $99,777.18
Suggested Bid: $9,977.72 - $49,888.59
Cap Rate: 17.97%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 39% |
| marketRent: | 📌 Good 78% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 14% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 49% |
| acquisitionVsMarketValue: | 🚩 Poor -62% |
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: 1.12 💹 Current Price: $79,500.00 💸 Zestimate Price: $79,500.00 💸 Tax Assessed Value: $28,500.00 💸 Average Nearby Price: $70,750.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $436.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $334.00 💸 Total Annual Cost: $770.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,255.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 14.58 💹 |
| 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: 975 🏠 |