Auction Property: LAND TRUST R2323

 


Owner's Name: LAND TRUST R2323

Location: R2323 LORICK AVE

Amount Owed: $1,046

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 11.30

Decision: ⚠️ Consider  

Market Value: $72,163

Current Price: $400

Cost to Build: $170,760.00

10yr Cashflows: $108,602.10

Suggested Bid: $10,860.21 - $54,301.05

Cap Rate: Unknown 

Level 1 (Analysis)

Decision: Buy 🏅

location: 🚩 Poor 24%
marketRent: 📌 Good 85%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 20%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 26%
acquisitionVsMarketValue: 📌 Good 100%

Level 2 (Simulation)

**involves significant stress testing

Decision: Buy 🏅

location: City: Columbia 🚲 County: Richland County 🚲
price vs market value: 📌 Good 100% Value Ratio: 0.01 💹 Current Price: $400.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $400.00 💸 Average Nearby Price: $72,162.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 1.67 💹
taxes: 📌 Good 100% Annual Tax: $10.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $2.00 💸 Total Annual Cost: $12.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,366.00 💸
capitalization rate: 🚩 Poor 0% Simulated Rating: 0.00 💹
exit strategy: 🚩 Poor 0% Time On Market: 9401 days 🕰️
year built: 🚩 Poor 0% Time Built: 1968 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 1423 🏠