Auction Property: WEST MICHAEL J JR
Owner's Name: WEST MICHAEL J JR
Location: 7130 NANCY AVE
Amount Owed: $2,034
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.30
Decision: 🚩 Do Not Buy
Market Value: $102,025
Current Price: $104,700
Cost to Build: $134,880.00
10yr Cashflows: $89,123.68
Suggested Bid: $8,912.37 - $44,561.84
Cap Rate: 10.68%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Hold
| location: | ⚠️ Fair 42% |
| marketRent: | 📌 Good 70% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 16% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 42% |
| acquisitionVsMarketValue: | 🚩 Poor -13% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Hold
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.03 💹 Current Price: $104,700.00 💸 Zestimate Price: $104,700.00 💸 Tax Assessed Value: $39,300.00 💸 Average Nearby Price: $102,025.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,826.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $440.00 💸 Total Annual Cost: $2,266.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,121.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 8.08 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 4617 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1958 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1124 🏠 |