Auction Property: LB PARK LLC
Owner's Name: LB PARK LLC
Location: 337 OVANTA RD
Amount Owed: $824
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 11.25
Decision: ⚠️ Consider
Market Value: $105,050
Current Price: $93,000
Cost to Build: $132,840.00
10yr Cashflows: $107,250.53
Suggested Bid: $10,725.05 - $53,625.27
Cap Rate: 16.26%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Buy 🏅
| location: | 🚩 Poor 39% |
| marketRent: | 📌 Good 84% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 15% |
| marketDemand: | 📌 Good 96% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 42% |
| acquisitionVsMarketValue: | ⚠️ Fair 57% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.89 💹 Current Price: $93,000.00 💸 Zestimate Price: $88,100.00 💸 Tax Assessed Value: $39,800.00 💸 Average Nearby Price: $105,050.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $673.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $391.00 💸 Total Annual Cost: $1,064.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,349.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 13.38 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 7 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1972 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1107 🏠 |