Auction Property: HOWARD WINONA ETAL

 


Owner's Name: HOWARD WINONA ETAL

Location: 1630 MAYER ST

Amount Owed: $540

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 7.73

Decision: 🚩 Do Not Buy  

Market Value: $104,688

Current Price: $129,700

Cost to Build: $192,960.00

10yr Cashflows: $116,949.99

Suggested Bid: $11,695.00 - $58,475.00

Cap Rate: 13.16%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: ⚠️ Fair 41%
marketRent: 📌 Good 92%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 23%
marketDemand: ⚠️ Fair 50%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 16%
acquisitionVsMarketValue: 🚩 Poor -119%

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: 1.24 💹 Current Price: $129,700.00 💸 Zestimate Price: $129,700.00 💸 Tax Assessed Value: $55,000.00 💸 Average Nearby Price: $104,687.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 3.67 💹
taxes: 📌 Good 100% Annual Tax: $40.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $545.00 💸 Total Annual Cost: $585.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,471.00 💸
capitalization rate: 📌 Good 88% Simulated Rating: 11.12 💹
exit strategy: 📌 Good 100% Time On Market: 0 🕰️
year built: 🚩 Poor 0% Time Built: 1981 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1608 🏠