Auction Property: WILLIAMS CHARLES A JR
Owner's Name: WILLIAMS CHARLES A JR
Location: 7701 RICHARD ST
Amount Owed: $1,796
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -13.86
Decision: 🚩 Do Not Buy
Market Value: $33,500
Current Price: $114,900
Cost to Build: $138,240.00
10yr Cashflows: $144,140.27
Suggested Bid: $14,414.03 - $72,070.13
Cap Rate: 17.12%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 34% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 16% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 40% |
| acquisitionVsMarketValue: | 🚩 Poor -1,215% |
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: 3.43 💹 Current Price: $114,900.00 💸 Zestimate Price: $114,900.00 💸 Tax Assessed Value: $41,300.00 💸 Average Nearby Price: $33,500.00 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,602.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $483.00 💸 Total Annual Cost: $2,085.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,813.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 14.89 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 8643 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1981 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 1152 🏠 |