Auction Property: SIMS MELANIE
Owner's Name: SIMS MELANIE
Location: 2300 LIBERTY ST
Amount Owed: $430
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 11.11
Decision: ⚠️ Consider
Market Value: $83,938
Current Price: $71,000
Cost to Build: $142,800.00
10yr Cashflows: $97,392.07
Suggested Bid: $9,739.21 - $48,696.04
Cap Rate: 19.82%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Buy 🏅
| location: | 🚩 Poor 27% |
| marketRent: | 📌 Good 77% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 17% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 38% |
| acquisitionVsMarketValue: | 📌 Good 77% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.85 💹 Current Price: $71,000.00 💸 Zestimate Price: $71,000.00 💸 Tax Assessed Value: $41,000.00 💸 Average Nearby Price: $83,937.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 1.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $327.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $298.00 💸 Total Annual Cost: $625.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,225.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 16.01 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 3073 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1950 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1190 🏠 |