Auction Property: LAFITTE & WEEKS BUILDERS INC
Owner's Name: LAFITTE & WEEKS BUILDERS INC
Location: 101 LOCKLEVEN DR
Amount Owed: $1,005
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 12.86
Decision: 🏅 Buy
Market Value: $231,666
Current Price: $186,700
Cost to Build: $0.00
10yr Cashflows: $133,486.77
Suggested Bid: $13,348.68 - $66,743.38
Cap Rate: 10.37%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Buy 🏅
| location: | 📌 Good 73% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 35% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 📌 Good 97% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.81 💹 Current Price: $186,700.00 💸 Zestimate Price: $186,700.00 💸 Tax Assessed Value: $400.00 💸 Average Nearby Price: $231,666.25 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $12.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $784.00 💸 Total Annual Cost: $796.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,679.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 8.97 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 0 🕰️ |
| property info: | 📌 Good 70% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: null 🏠 Home Living Area: 0.87 Acres 🏠 |