Auction Property: VENABLE ETHEL L
Owner's Name: VENABLE ETHEL L
Location: 7220 HOLLOWAY RD
Amount Owed: $1,011
Type: APARTMENT
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.97
Decision: 🚩 Do Not Buy
Market Value: $156,750
Current Price: $64,600
Cost to Build: $120,000.00
10yr Cashflows: $90,077.73
Suggested Bid: $9,007.77 - $45,038.86
Cap Rate: 19.43%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | ⚠️ Fair 61% |
| marketRent: | 📌 Good 71% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 14% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 🚩 Poor 0% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 48% |
| 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: 0.41 💹 Current Price: $64,600.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $64,600.00 💸 Average Nearby Price: $156,750.00 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $775.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $271.00 💸 Total Annual Cost: $1,046.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,133.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 15.20 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1961 🕰️ |
| property info: | 🚩 Poor 0% Home Type: APARTMENT 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1000 🏠 |