Auction Property: WILKES JOHNA

 


Owner's Name: WILKES JOHNA

Location: 3016 TWIN OAKS WAY

Amount Owed: $1,405

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 9.77

Decision: 🚩 Do Not Buy  

Market Value: $207,288

Current Price: $232,300

Cost to Build: $168,720.00

10yr Cashflows: $141,596.15

Suggested Bid: $14,159.61 - $70,798.07

Cap Rate: 8.25%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Hold

location: ⚠️ Fair 62%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 20%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 27%
acquisitionVsMarketValue: 🚩 Poor -60%

Level 2 (Simulation)

**involves significant stress testing

Decision: Buy

location: City: Columbia 🚲 County: Richland County 🚲
price vs market value: ⚠️ Fair 40% Value Ratio: 1.12 💹 Current Price: $232,300.00 💸 Zestimate Price: $232,300.00 💸 Tax Assessed Value: $116,600.00 💸 Average Nearby Price: $207,287.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 3.33 💹
taxes: 📌 Good 100% Annual Tax: $1,228.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $976.00 💸 Total Annual Cost: $2,204.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,781.00 💸
capitalization rate: ⚠️ Fair 63% Simulated Rating: 7.14 💹
exit strategy: ⚠️ Fair 60% Time On Market: 7174 days 🕰️
year built: ⚠️ Fair 63% Time Built: 1997 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1406 🏠