Auction Property: JOHNSON MALCOLM LOUIS &

 


Owner's Name: JOHNSON MALCOLM LOUIS &

Location: 365 HESTER CT

Amount Owed: $1,672

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 9.62

Decision: 🚩 Do Not Buy  

Market Value: $171,830

Current Price: $208,900

Cost to Build: $163,680.00

10yr Cashflows: $141,198.63

Suggested Bid: $14,119.86 - $70,599.31

Cap Rate: 8.93%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: ⚠️ Fair 66%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 19%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 80%
developmentFeasibility: 🚩 Poor 29%
acquisitionVsMarketValue: 🚩 Poor -108%

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: 1.22 💹 Current Price: $208,900.00 💸 Zestimate Price: $208,900.00 💸 Tax Assessed Value: $122,000.00 💸 Average Nearby Price: $171,830.00 💸
school trends: 📌 Good 75% Average School Rating: 5.67 💹
taxes: 📌 Good 100% Annual Tax: $1,483.00 💸 Monthly Hoa Tax: $25.00 💸 Annual Insurance: $877.00 💸 Total Annual Cost: $2,660.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,776.00 💸
capitalization rate: ⚠️ Fair 63% Simulated Rating: 7.70 💹
exit strategy: 📌 Good 100% Time On Market: 2331 days 🕰️
year built: 📌 Good 100% Time Built: 2010 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1364 🏠