Auction Property: STROMAN JANET RENEE
Owner's Name: STROMAN JANET RENEE
Location: 1 MERC CT
Amount Owed: $796
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.72
Decision: 🚩 Do Not Buy
Market Value: $85,613
Current Price: $95,900
Cost to Build: $120,960.00
10yr Cashflows: $102,718.82
Suggested Bid: $10,271.88 - $51,359.41
Cap Rate: 15.13%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 49% |
| marketRent: | 📌 Good 81% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 14% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 48% |
| acquisitionVsMarketValue: | 🚩 Poor -60% |
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: 1.12 💹 Current Price: $95,900.00 💸 Zestimate Price: $95,900.00 💸 Tax Assessed Value: $35,900.00 💸 Average Nearby Price: $85,612.50 💸 |
| school trends: | 📌 Good 75% Average School Rating: 6.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $588.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $403.00 💸 Total Annual Cost: $991.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,292.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 12.33 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 4583 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1997 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1008 🏠 |