Auction Property: LIZZY LAND SC LLC
Owner's Name: LIZZY LAND SC LLC
Location: 500 LONGTOWN RD
Amount Owed: $6,562
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 6.21
Decision: 🚩 Do Not Buy
Market Value: $161,988
Current Price: $222,000
Cost to Build: $165,240.00
10yr Cashflows: $131,260.66
Suggested Bid: $13,126.07 - $65,630.33
Cap Rate: 6.31%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | ⚠️ Fair 63% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 19% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 28% |
| acquisitionVsMarketValue: | 🚩 Poor -185% |
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: 1.37 💹 Current Price: $222,000.00 💸 Zestimate Price: $222,000.00 💸 Tax Assessed Value: $136,500.00 💸 Average Nearby Price: $161,987.50 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.67 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $4,863.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $932.00 💸 Total Annual Cost: $5,795.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,651.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 5.14 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 7412 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1970 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1377 🏠 |