Auction Property: MITCHELL LAURA
Owner's Name: MITCHELL LAURA
Location: 1511 BELTLINE BLVD
Amount Owed: $2,196
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 12.24
Decision: 🏅 Buy
Market Value: $801,213
Current Price: $407,600
Cost to Build: $240,000.00
10yr Cashflows: $197,964.29
Suggested Bid: $19,796.43 - $98,982.15
Cap Rate: 3.26%
** cap rate calculated based on Market Value
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 📌 Good 83% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 28% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| 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: 0.51 💹 Current Price: $407,600.00 💸 Zestimate Price: $407,600.00 💸 Tax Assessed Value: $259,900.00 💸 Average Nearby Price: $801,212.50 💸 |
| school trends: | 📌 Good 75% Average School Rating: 6.67 💹 |
| taxes: | 📌 Good 75% Annual Tax: $2,075.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,712.00 💸 Total Annual Cost: $3,787.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,490.00 💸 |
| capitalization rate: | 🚩 Poor 13% Simulated Rating: 3.00 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1430 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1981 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 2000 🏠 |