Auction Property: KELLEY EDWARD JOSEPH
Owner's Name: KELLEY EDWARD JOSEPH
Location: 2327 WILLOW ST
Amount Owed: $1,420
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.46
Decision: 🚩 Do Not Buy
Market Value: $81,713
Current Price: $89,000
Cost to Build: $244,200.00
10yr Cashflows: $139,290.54
Suggested Bid: $13,929.05 - $69,645.27
Cap Rate: 21.77%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Hold
| location: | 🚩 Poor 26% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 28% |
| marketDemand: | 📌 Good 86% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -45% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Hold
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.09 💹 Current Price: $89,000.00 💸 Zestimate Price: $87,700.00 💸 Tax Assessed Value: $40,000.00 💸 Average Nearby Price: $81,712.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 1.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,272.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $374.00 💸 Total Annual Cost: $1,646.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,752.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 18.87 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 25 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1955 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 2035 🏠 |