Auction Property: SHELLEY LEVI GERALD JR &

 


Owner's Name: SHELLEY LEVI GERALD JR &

Location: 8705 MONTICELLO RD

Amount Owed: $2,222

Type: LOT

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 5.55

Decision: 🚩 Do Not Buy  

Market Value: $73,475

Current Price: $86,800

Cost to Build: $149,760.00

10yr Cashflows: $99,220.66

Suggested Bid: $9,922.07 - $49,610.33

Cap Rate: 14.73%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy

location: 🚩 Poor 28%
marketRent: 📌 Good 78%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 17%
marketDemand: 🚩 Poor 0%
propertyType: 🚩 Poor 0%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 35%
acquisitionVsMarketValue: 🚩 Poor -91%

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: 1.18 💹 Current Price: $86,800.00 💸 Zestimate Price: $86,800.00 💸 Tax Assessed Value: $55,100.00 💸 Average Nearby Price: $73,475.00 💸
school trends: ⚠️ Fair 50% Average School Rating: 2.33 💹
taxes: 📌 Good 100% Annual Tax: $1,826.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $365.00 💸 Total Annual Cost: $2,191.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,248.00 💸
capitalization rate: 📌 Good 88% Simulated Rating: 11.62 💹
exit strategy: 📌 Good 100% Time On Market: 2147 days 🕰️
year built: 🚩 Poor 0% Time Built: 1971 🕰️
property info: 🚩 Poor 30% Home Type: LOT 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1248 🏠