Auction Property: WEST MICHAEL J JR &
Owner's Name: WEST MICHAEL J JR &
Location: 819 DUKE AVE
Amount Owed: $1,542
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 12.25
Decision: 🏅 Buy
Market Value: $131,888
Current Price: $99,400
Cost to Build: $161,880.00
10yr Cashflows: $128,239.52
Suggested Bid: $12,823.95 - $64,119.76
Cap Rate: 17.66%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Buy 🏅
| location: | 🚩 Poor 37% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 19% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 30% |
| acquisitionVsMarketValue: | 📌 Good 100% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.75 💹 Current Price: $99,400.00 💸 Zestimate Price: $99,400.00 💸 Tax Assessed Value: $43,600.00 💸 Average Nearby Price: $131,887.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 1.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,389.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $417.00 💸 Total Annual Cost: $1,806.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,613.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 15.03 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 4717 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1970 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1349 🏠 |