Auction Property: MY BEST HOME INVESTMENTS LLC
Owner's Name: MY BEST HOME INVESTMENTS LLC
Location: 2529 ORR ST
Amount Owed: $320
Type: APARTMENT
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.96
Decision: 🚩 Do Not Buy
Market Value: $196,973
Current Price: $200
Cost to Build: $60,000.00
10yr Cashflows: $68,850.23
Suggested Bid: $6,885.02 - $34,425.12
Cap Rate: 5.27%
** cap rate calculated based on Market Value
Level 1 (Analysis)
Decision: Do Not Buy
| location: | ⚠️ Fair 51% |
| marketRent: | ⚠️ Fair 54% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 7% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 🚩 Poor 0% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 📌 Good 74% |
| acquisitionVsMarketValue: | 📌 Good 100% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | 📌 Good 100% Value Ratio: 0.00 💹 Current Price: $200.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $200.00 💸 Average Nearby Price: $196,972.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 1.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $11.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1.00 💸 Total Annual Cost: $12.00 💸 |
| rent potential: | 🚩 Poor 0% Estimated Rent Price: $866.00 💸 |
| capitalization rate: | 🚩 Poor 13% Simulated Rating: 3.90 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1930 🕰️ |
| property info: | 🚩 Poor 0% Home Type: APARTMENT 🏠 Home Bedrooms: 1 🏠 Home Living Area: 500 🏠 |