Auction Property: LOMAS PAUL H JR &
Owner's Name: LOMAS PAUL H JR &
Location: 108 KILLIAN RD
Amount Owed: $7,593
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -3.95
Decision: 🚩 Do Not Buy
Market Value: $138,225
Current Price: $325,000
Cost to Build: $205,440.00
10yr Cashflows: $117,745.03
Suggested Bid: $11,774.50 - $58,872.51
Cap Rate: 5.05%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | ⚠️ Fair 50% |
| marketRent: | 📌 Good 93% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 24% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 11% |
| acquisitionVsMarketValue: | 🚩 Poor -676% |
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: 2.35 💹 Current Price: $325,000.00 💸 Zestimate Price: $339,000.00 💸 Tax Assessed Value: $154,200.00 💸 Average Nearby Price: $138,225.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $0.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,365.00 💸 Total Annual Cost: $1,365.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,481.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 4.23 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 431 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1981 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1712 🏠 |