Auction Property: MARTINEZ GUILLERMO MARTINEZ
Owner's Name: MARTINEZ GUILLERMO MARTINEZ
Location: 1830 NEARVIEW AVE
Amount Owed: $3,083
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.86
Decision: 🚩 Do Not Buy
Market Value: $130,838
Current Price: $153,600
Cost to Build: $155,520.00
10yr Cashflows: $101,208.25
Suggested Bid: $10,120.83 - $50,604.13
Cap Rate: 7.68%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 50% |
| marketRent: | 📌 Good 80% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 18% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 33% |
| acquisitionVsMarketValue: | 🚩 Poor -87% |
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: 1.17 💹 Current Price: $153,600.00 💸 Zestimate Price: $153,600.00 💸 Tax Assessed Value: $66,700.00 💸 Average Nearby Price: $130,837.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $2,827.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $645.00 💸 Total Annual Cost: $3,472.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,273.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 5.93 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 2950 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1962 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1296 🏠 |