Auction Property: SECRETARY OF VETERANS AFFAIR
Owner's Name: SECRETARY OF VETERANS AFFAIR
Location: 2026 MORNINGLO LN
Amount Owed: $4,807
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 13.21
Decision: 💎 Strong Buy
Market Value: $148,875
Current Price: $11,500
Cost to Build: $250,320.00
10yr Cashflows: $137,223.44
Suggested Bid: $13,722.34 - $68,611.72
Cap Rate: 13.6%
** cap rate calculated based on Market Value
Level 1 (Analysis)
Decision: Buy 🏅
| location: | ⚠️ Fair 54% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 29% |
| 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: | 📌 Good 80% Value Ratio: 0.08 💹 Current Price: $11,500.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $11,500.00 💸 Average Nearby Price: $148,875.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $421.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $48.00 💸 Total Annual Cost: $469.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,726.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 12.02 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 5241 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1962 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 2086 🏠 |