Auction Property: ROGERS LEROY
Owner's Name: ROGERS LEROY
Location: 313 ABRAHAM ST
Amount Owed: $826
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.72
Decision: 🚩 Do Not Buy
Market Value: $66,698
Current Price: $60,900
Cost to Build: $79,800.00
10yr Cashflows: $70,837.83
Suggested Bid: $7,083.78 - $35,418.91
Cap Rate: 15.99%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 34% |
| marketRent: | ⚠️ Fair 56% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 9% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 65% |
| acquisitionVsMarketValue: | ⚠️ Fair 43% |
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: 0.91 💹 Current Price: $60,900.00 💸 Zestimate Price: $60,900.00 💸 Tax Assessed Value: $22,000.00 💸 Average Nearby Price: $66,697.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $700.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $256.00 💸 Total Annual Cost: $956.00 💸 |
| rent potential: | 🚩 Poor 0% Estimated Rent Price: $891.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 11.41 💹 |
| exit strategy: | 🚩 Poor 0% Time On Market: 9050 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1988 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 665 🏠 |