Auction Property: JENNINGS HOLDINGS LLC
Owner's Name: JENNINGS HOLDINGS LLC
Location: 5520 N MAIN ST
Amount Owed: $2,658
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.46
Decision: 🚩 Do Not Buy
Market Value: $95,213
Current Price: $103,500
Cost to Build: $171,120.00
10yr Cashflows: $80,537.28
Suggested Bid: $8,053.73 - $40,268.64
Cap Rate: 9.09%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 32% |
| marketRent: | ⚠️ Fair 63% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 20% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 26% |
| acquisitionVsMarketValue: | 🚩 Poor -44% |
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: 1.09 💹 Current Price: $103,500.00 💸 Zestimate Price: $103,500.00 💸 Tax Assessed Value: $77,500.00 💸 Average Nearby Price: $95,212.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $2,308.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $435.00 💸 Total Annual Cost: $2,743.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,013.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 6.43 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1711 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1940 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1426 🏠 |