Auction Property: JACOBS WILLIE R & MARY
Owner's Name: JACOBS WILLIE R & MARY
Location: 209 LAKESIDE AVE
Amount Owed: $505
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.67
Decision: 🚩 Do Not Buy
Market Value: $101,575
Current Price: $100,100
Cost to Build: $137,760.00
10yr Cashflows: $97,789.59
Suggested Bid: $9,778.96 - $48,894.80
Cap Rate: 13.93%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Hold
| location: | 🚩 Poor 30% |
| marketRent: | 📌 Good 77% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 16% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 40% |
| acquisitionVsMarketValue: | 🚩 Poor 7% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Hold
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.99 💹 Current Price: $100,100.00 💸 Zestimate Price: $100,100.00 💸 Tax Assessed Value: $50,200.00 💸 Average Nearby Price: $101,575.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 1.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $401.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $420.00 💸 Total Annual Cost: $821.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,230.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 11.22 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 8816 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1968 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1148 🏠 |