Auction Property: AVERY CHERIE L
Owner's Name: AVERY CHERIE L
Location: 2116 LEESBURG RD
Amount Owed: $4,225
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.03
Decision: 🚩 Do Not Buy
Market Value: $117,881
Current Price: $130,700
Cost to Build: $153,000.00
10yr Cashflows: $99,936.19
Suggested Bid: $9,993.62 - $49,968.10
Cap Rate: 8.08%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 39% |
| marketRent: | 📌 Good 79% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 18% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 34% |
| acquisitionVsMarketValue: | 🚩 Poor -54% |
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: 1.11 💹 Current Price: $130,700.00 💸 Zestimate Price: $130,700.00 💸 Tax Assessed Value: $125,000.00 💸 Average Nearby Price: $117,881.25 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.67 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $3,976.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $549.00 💸 Total Annual Cost: $4,525.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,257.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 6.01 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 2502 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1979 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1275 🏠 |