Auction Property: JOHNSON WILLIAM ETAL
Owner's Name: JOHNSON WILLIAM ETAL
Location: 215 W LAKESIDE AVE
Amount Owed: $2,073
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.89
Decision: 🚩 Do Not Buy
Market Value: $109,350
Current Price: $107,800
Cost to Build: $166,080.00
10yr Cashflows: $105,978.48
Suggested Bid: $10,597.85 - $52,989.24
Cap Rate: 12.69%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Hold
| location: | 🚩 Poor 39% |
| marketRent: | 📌 Good 83% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 19% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 28% |
| acquisitionVsMarketValue: | 🚩 Poor 7% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Hold
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.99 💹 Current Price: $107,800.00 💸 Zestimate Price: $107,800.00 💸 Tax Assessed Value: $50,400.00 💸 Average Nearby Price: $109,350.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,866.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $453.00 💸 Total Annual Cost: $2,319.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,333.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 10.20 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 3608 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1964 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1384 🏠 |