Auction Property: VANBIBBER AVON
Owner's Name: VANBIBBER AVON
Location: 307 HANOVER AVE
Amount Owed: $487
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 2.73
Decision: 🚩 Do Not Buy
Market Value: $76,675
Current Price: $132,800
Cost to Build: $149,040.00
10yr Cashflows: $128,557.54
Suggested Bid: $12,855.75 - $64,278.77
Cap Rate: 13.9%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 25% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 17% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 35% |
| acquisitionVsMarketValue: | 🚩 Poor -366% |
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: 1.73 💹 Current Price: $132,800.00 💸 Zestimate Price: $132,800.00 💸 Tax Assessed Value: $48,000.00 💸 Average Nearby Price: $76,675.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 1.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $383.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $558.00 💸 Total Annual Cost: $941.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,617.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 11.94 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1923 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1972 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1242 🏠 |