Auction Property: BOOKERT WELLINGTON
Owner's Name: BOOKERT WELLINGTON
Location: 1526 JEROME DR
Amount Owed: $2,602
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -54.50
Decision: 🚩 Do Not Buy
Market Value: $18,750
Current Price: $139,100
Cost to Build: $243,840.00
10yr Cashflows: $130,386.12
Suggested Bid: $13,038.61 - $65,193.06
Cap Rate: 12.02%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 16% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 28% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -3,209% |
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: 7.42 💹 Current Price: $139,100.00 💸 Zestimate Price: $139,100.00 💸 Tax Assessed Value: $67,500.00 💸 Average Nearby Price: $18,750.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $2,371.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $584.00 💸 Total Annual Cost: $2,955.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,640.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 10.15 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 3464 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1955 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 2032 🏠 |