Auction Property: JOHNSON PAULINE
Owner's Name: JOHNSON PAULINE
Location: 609 KOON STORE RD
Amount Owed: $1,394
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.27
Decision: 🚩 Do Not Buy
Market Value: $224,100
Current Price: $290,800
Cost to Build: $300,720.00
10yr Cashflows: $165,049.75
Suggested Bid: $16,504.97 - $82,524.87
Cap Rate: 7.73%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 60% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 35% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -149% |
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: 1.30 💹 Current Price: $290,800.00 💸 Zestimate Price: $290,800.00 💸 Tax Assessed Value: $165,100.00 💸 Average Nearby Price: $224,100.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,217.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,221.00 💸 Total Annual Cost: $2,438.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,076.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 6.87 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1978 🕰️ |
| property info: | 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 2506 🏠 |