Auction Property: METROPOLITAN HOUSING &
Owner's Name: METROPOLITAN HOUSING &
Location: 824 VERNON ST
Amount Owed: $447
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 10.15
Decision: ⚠️ Consider
Market Value: $101,688
Current Price: $10,500
Cost to Build: $73,920.00
10yr Cashflows: $75,608.05
Suggested Bid: $7,560.80 - $37,804.02
Cap Rate: Unknown
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 37% |
| marketRent: | ⚠️ Fair 59% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 9% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 68% |
| 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 60% Value Ratio: 0.10 💹 Current Price: $10,500.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $10,500.00 💸 Average Nearby Price: $101,687.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $334.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $44.00 💸 Total Annual Cost: $378.00 💸 |
| rent potential: | 🚩 Poor 0% Estimated Rent Price: $951.00 💸 |
| capitalization rate: | 🚩 Poor 0% Simulated Rating: 0.00 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1684 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1940 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 616 🏠 |