Auction Property: JOHNSON LAMARK J & CANDACE S
Owner's Name: JOHNSON LAMARK J & CANDACE S
Location: 5248 RIDGEWAY ST
Amount Owed: $832
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -22.78
Decision: 🚩 Do Not Buy
Market Value: $26,275
Current Price: $111,400
Cost to Build: $191,160.00
10yr Cashflows: $100,969.74
Suggested Bid: $10,096.97 - $50,484.87
Cap Rate: 12.65%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 14% |
| marketRent: | 📌 Good 79% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 22% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 17% |
| acquisitionVsMarketValue: | 🚩 Poor -1,620% |
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: 4.24 💹 Current Price: $111,400.00 💸 Zestimate Price: $111,400.00 💸 Tax Assessed Value: $40,800.00 💸 Average Nearby Price: $26,275.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 1.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $680.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $468.00 💸 Total Annual Cost: $1,148.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,270.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 10.23 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1995 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1593 🏠 |