Auction Property: SANDERS JASMINE &
Owner's Name: SANDERS JASMINE &
Location: 400 W LAKESIDE AVE
Amount Owed: $934
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.94
Decision: 🚩 Do Not Buy
Market Value: $123,698
Current Price: $133,500
Cost to Build: $141,120.00
10yr Cashflows: $111,384.73
Suggested Bid: $11,138.47 - $55,692.36
Cap Rate: 11.59%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Hold
| location: | ⚠️ Fair 42% |
| marketRent: | 📌 Good 88% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 16% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 39% |
| acquisitionVsMarketValue: | 🚩 Poor -40% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Hold
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.08 💹 Current Price: $133,500.00 💸 Zestimate Price: $133,500.00 💸 Tax Assessed Value: $54,200.00 💸 Average Nearby Price: $123,697.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $778.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $561.00 💸 Total Annual Cost: $1,339.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,401.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 9.59 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 4100 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1968 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1176 🏠 |