Auction Property: JONES JOHN H & VEOLA B
Owner's Name: JONES JOHN H & VEOLA B
Location: 921 AARON DR
Amount Owed: $669
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 2.28
Decision: 🚩 Do Not Buy
Market Value: $79,575
Current Price: $138,900
Cost to Build: $134,160.00
10yr Cashflows: $110,430.68
Suggested Bid: $11,043.07 - $55,215.34
Cap Rate: 11.24%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 29% |
| marketRent: | 📌 Good 87% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 16% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 42% |
| acquisitionVsMarketValue: | 🚩 Poor -373% |
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: 1.75 💹 Current Price: $138,900.00 💸 Zestimate Price: $138,900.00 💸 Tax Assessed Value: $56,700.00 💸 Average Nearby Price: $79,575.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $477.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $583.00 💸 Total Annual Cost: $1,060.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,389.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 9.32 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1978 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1118 🏠 |