Auction Property: STEARNS JANAY WILSON
Owner's Name: STEARNS JANAY WILSON
Location: 2011 CHANEY ST
Amount Owed: $1,099
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 2.53
Decision: 🚩 Do Not Buy
Market Value: $72,708
Current Price: $140,000
Cost to Build: $188,640.00
10yr Cashflows: $161,472.08
Suggested Bid: $16,147.21 - $80,736.04
Cap Rate: 16.32%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 41% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 22% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 18% |
| acquisitionVsMarketValue: | 🚩 Poor -463% |
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: 1.93 💹 Current Price: $140,000.00 💸 Zestimate Price: $140,000.00 💸 Tax Assessed Value: $73,800.00 💸 Average Nearby Price: $72,707.50 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $932.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $588.00 💸 Total Annual Cost: $1,520.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,031.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 14.53 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 5690 days 🕰️ |
| year built: | 📌 Good 100% Time Built: 2008 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1572 🏠 |