Auction Property: WILLIAMS ANTHONY SCOTT
Owner's Name: WILLIAMS ANTHONY SCOTT
Location: 1733 HOUSTON ST
Amount Owed: $2,969
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 3.57
Decision: 🚩 Do Not Buy
Market Value: $43,938
Current Price: $70,000
Cost to Build: $156,840.00
10yr Cashflows: $103,593.36
Suggested Bid: $10,359.34 - $51,796.68
Cap Rate: 18.41%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 21% |
| marketRent: | 📌 Good 81% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 18% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 32% |
| acquisitionVsMarketValue: | 🚩 Poor -297% |
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: 1.59 💹 Current Price: $70,000.00 💸 Zestimate Price: $75,100.00 💸 Tax Assessed Value: $65,700.00 💸 Average Nearby Price: $43,937.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $2,457.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $294.00 💸 Total Annual Cost: $2,751.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,303.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 14.57 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 530 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1949 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1307 🏠 |