Auction Property: STREETZ UNIT LLC &

 


Owner's Name: STREETZ UNIT LLC &

Location: 2728 MAGNOLIA ST

Amount Owed: $886

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: -1.07

Decision: 🚩 Do Not Buy  

Market Value: $46,240

Current Price: $92,100

Cost to Build: $122,400.00

10yr Cashflows: $90,475.25

Suggested Bid: $9,047.52 - $45,237.62

Cap Rate: 13.66%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy

location: 🚩 Poor 22%
marketRent: 📌 Good 71%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 14%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: ⚠️ Fair 47%
acquisitionVsMarketValue: 🚩 Poor -496%

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: 1.99 💹 Current Price: $92,100.00 💸 Zestimate Price: $92,100.00 💸 Tax Assessed Value: $23,900.00 💸 Average Nearby Price: $46,240.00 💸
school trends: ⚠️ Fair 50% Average School Rating: 2.33 💹
taxes: 📌 Good 100% Annual Tax: $689.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $387.00 💸 Total Annual Cost: $1,076.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,138.00 💸
capitalization rate: 📌 Good 88% Simulated Rating: 10.70 💹
exit strategy: ⚠️ Fair 60% Time On Market: 4116 days 🕰️
year built: 🚩 Poor 0% Time Built: 1950 🕰️
property info: ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1020 🏠