Auction Property: MYERS MARVIS LEVAR JR
Owner's Name: MYERS MARVIS LEVAR JR
Location: 219 FARMINGTON RD
Amount Owed: $2,475
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 11.24
Decision: ⚠️ Consider
Market Value: $171,763
Current Price: $159,200
Cost to Build: $210,000.00
10yr Cashflows: $144,537.79
Suggested Bid: $14,453.78 - $72,268.89
Cap Rate: 11.87%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Buy 🏅
| location: | ⚠️ Fair 57% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 25% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 9% |
| acquisitionVsMarketValue: | 🚩 Poor 37% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.93 💹 Current Price: $159,200.00 💸 Zestimate Price: $159,200.00 💸 Tax Assessed Value: $50,900.00 💸 Average Nearby Price: $171,762.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $2,247.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $669.00 💸 Total Annual Cost: $2,916.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,818.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 10.26 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 5645 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1979 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1750 🏠 |