Auction Property: MARATHON INVESTMENT ESTATES

 


Owner's Name: MARATHON INVESTMENT ESTATES

Location: 1935 ENGLISH AVE

Amount Owed: $1,042

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 9.82

Decision: 🚩 Do Not Buy  

Market Value: $29,900

Current Price: $16,900

Cost to Build: $95,520.00

10yr Cashflows: $87,533.61

Suggested Bid: $8,753.36 - $43,766.80

Cap Rate: Unknown 

Level 1 (Analysis)

Decision: Do Not Buy

location: 🚩 Poor 15%
marketRent: ⚠️ Fair 69%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 11%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: ⚠️ Fair 59%
acquisitionVsMarketValue: 📌 Good 100%

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: 0.57 💹 Current Price: $16,900.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $16,900.00 💸 Average Nearby Price: $29,900.00 💸
school trends: ⚠️ Fair 50% Average School Rating: 1.67 💹
taxes: 📌 Good 100% Annual Tax: $881.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $71.00 💸 Total Annual Cost: $952.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,101.00 💸
capitalization rate: 🚩 Poor 0% Simulated Rating: 0.00 💹
exit strategy: ⚠️ Fair 60% Time On Market: 4668 days 🕰️
year built: 🚩 Poor 0% Time Built: 1947 🕰️
property info: ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 796 🏠