Auction Property: REAL ESTATE DEVELOPMENT
Owner's Name: REAL ESTATE DEVELOPMENT
Location: 3200 TRUMAN ST
Amount Owed: $2,537
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 12.27
Decision: 🏅 Buy
Market Value: $145,275
Current Price: $37,500
Cost to Build: $244,080.00
10yr Cashflows: $158,848.46
Suggested Bid: $15,884.85 - $79,424.23
Cap Rate: 14.93%
** cap rate calculated based on Market Value
Level 1 (Analysis)
Decision: Buy 🏅
| location: | ⚠️ Fair 50% |
| 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: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.26 💹 Current Price: $37,500.00 💸 Zestimate Price: $168,800.00 💸 Tax Assessed Value: $73,800.00 💸 Average Nearby Price: $145,275.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $2,135.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $158.00 💸 Total Annual Cost: $2,293.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,998.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 13.37 💹 |
| exit strategy: | 🚩 Poor 0% Time On Market: 915 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1956 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 2034 🏠 |