Auction Property: BATES J LARRY
Owner's Name: BATES J LARRY
Location: 820 RICKENBAKER RD
Amount Owed: $980
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 12.80
Decision: 🏅 Buy
Market Value: $492,438
Current Price: $305,500
Cost to Build: $211,200.00
10yr Cashflows: $141,357.64
Suggested Bid: $14,135.76 - $70,678.82
Cap Rate: 3.9%
** cap rate calculated based on Market Value
Level 1 (Analysis)
Decision: Buy 🏅
| location: | 📌 Good 83% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 25% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 9% |
| acquisitionVsMarketValue: | 📌 Good 100% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.62 💹 Current Price: $305,500.00 💸 Zestimate Price: $305,500.00 💸 Tax Assessed Value: $109,300.00 💸 Average Nearby Price: $492,437.50 💸 |
| school trends: | 📌 Good 75% Average School Rating: 6.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $871.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,283.00 💸 Total Annual Cost: $2,154.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,778.00 💸 |
| capitalization rate: | 🚩 Poor 13% Simulated Rating: 3.42 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1956 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1760 🏠 |