Auction Property: BAKER MICHAEL
Owner's Name: BAKER MICHAEL
Location: 1513 MANNING AVE
Amount Owed: $821
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 13.22
Decision: 💎 Strong Buy
Market Value: $169,538
Current Price: $21,800
Cost to Build: $79,320.00
10yr Cashflows: $101,128.75
Suggested Bid: $10,112.87 - $50,564.37
Cap Rate: 8.54%
** cap rate calculated based on Market Value
Level 1 (Analysis)
Decision: Buy 🏅
| location: | 📌 Good 72% |
| marketRent: | 📌 Good 80% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 9% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 66% |
| acquisitionVsMarketValue: | 📌 Good 100% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 60% Value Ratio: 0.13 💹 Current Price: $21,800.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $21,800.00 💸 Average Nearby Price: $169,537.50 💸 |
| school trends: | 📌 Good 100% Average School Rating: 7.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $695.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $92.00 💸 Total Annual Cost: $787.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,272.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.04 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1940 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 661 🏠 |