Auction Property: AVERY CHERIE L
Owner's Name: AVERY CHERIE L
Location: 4619 RIDGEWOOD AVE
Amount Owed: $1,645
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 6.51
Decision: 🚩 Do Not Buy
Market Value: $76,338
Current Price: $103,100
Cost to Build: $138,000.00
10yr Cashflows: $132,930.24
Suggested Bid: $13,293.02 - $66,465.12
Cap Rate: 17.6%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 25% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 16% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 40% |
| acquisitionVsMarketValue: | 🚩 Poor -175% |
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: 1.35 💹 Current Price: $103,100.00 💸 Zestimate Price: $103,100.00 💸 Tax Assessed Value: $46,900.00 💸 Average Nearby Price: $76,337.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 1.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,489.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $433.00 💸 Total Annual Cost: $1,922.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,672.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 15.08 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 7543 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1972 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 1150 🏠 |