Auction Property: THE ESTATES GROUP LLC
Owner's Name: THE ESTATES GROUP LLC
Location: 614 LAUREL ST
Amount Owed: $5,381
Type: LOT
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.41
Decision: 🚩 Do Not Buy
Market Value: $335,438
Current Price: $160,000
Cost to Build: $968,400.00
10yr Cashflows: $121,879.22
Suggested Bid: $12,187.92 - $60,939.61
Cap Rate: 4.2%
** cap rate calculated based on Market Value
Level 1 (Analysis)
Decision: Do Not Buy
| location: | ⚠️ Fair 67% |
| marketRent: | 📌 Good 96% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 📌 Good 70% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 🚩 Poor 0% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 📌 Good 100% |
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: 0.48 💹 Current Price: $160,000.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $125,200.00 💸 Average Nearby Price: $335,437.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.33 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $3,619.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $672.00 💸 Total Annual Cost: $4,291.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,533.00 💸 |
| capitalization rate: | 🚩 Poor 13% Simulated Rating: 3.47 💹 |
| exit strategy: | 🚩 Poor 0% Time On Market: 959 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1929 🕰️ |
| property info: | 🚩 Poor 20% Home Type: LOT 🏠 Home Bedrooms: null 🏠 Home Living Area: 8070 🏠 |