Auction Property: J FAMILY LLC
Owner's Name: J FAMILY LLC
Location: 2834 ENGLISH AVE
Amount Owed: $1,309
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -3.29
Decision: 🚩 Do Not Buy
Market Value: $31,950
Current Price: $73,300
Cost to Build: $100,800.00
10yr Cashflows: $95,165.97
Suggested Bid: $9,516.60 - $47,582.98
Cap Rate: 17.77%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 19% |
| marketRent: | 📌 Good 75% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 18% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 56% |
| acquisitionVsMarketValue: | 🚩 Poor -647% |
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: 2.29 💹 Current Price: $73,300.00 💸 Zestimate Price: $73,300.00 💸 Tax Assessed Value: $25,500.00 💸 Average Nearby Price: $31,950.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,033.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $308.00 💸 Total Annual Cost: $1,341.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,197.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 14.07 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1760 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1947 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 840 🏠 |