Auction Property: JOHNSON EDWARD
Owner's Name: JOHNSON EDWARD
Location: 5427 KNIGHTNER ST
Amount Owed: $875
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -19.98
Decision: 🚩 Do Not Buy
Market Value: $30,063
Current Price: $119,500
Cost to Build: $125,760.00
10yr Cashflows: $104,706.42
Suggested Bid: $10,470.64 - $52,353.21
Cap Rate: 12.2%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 15% |
| marketRent: | 📌 Good 82% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 15% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 46% |
| acquisitionVsMarketValue: | 🚩 Poor -1,488% |
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: 3.98 💹 Current Price: $119,500.00 💸 Zestimate Price: $119,500.00 💸 Tax Assessed Value: $46,500.00 💸 Average Nearby Price: $30,062.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 1.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $722.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $502.00 💸 Total Annual Cost: $1,224.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,317.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 9.95 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 7500 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1995 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1048 🏠 |