Auction Property: REESE JAMES
Owner's Name: REESE JAMES
Location: NX145 SOLOMON ST
Amount Owed: $147
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 12.82
Decision: 🏅 Buy
Market Value: $130,150
Current Price: $5,700
Cost to Build: $174,840.00
10yr Cashflows: $101,685.27
Suggested Bid: $10,168.53 - $50,842.64
Cap Rate: 11.74%
** cap rate calculated based on Market Value
Level 1 (Analysis)
Decision: Buy 🏅
| location: | ⚠️ Fair 47% |
| marketRent: | 📌 Good 80% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 20% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 24% |
| acquisitionVsMarketValue: | 📌 Good 100% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | 📌 Good 100% Value Ratio: 0.04 💹 Current Price: $5,700.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $5,700.00 💸 Average Nearby Price: $130,150.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $46.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $24.00 💸 Total Annual Cost: $70.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,279.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 9.80 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1662 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1956 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1457 🏠 |