Auction Property: WOODEN D C ESTATE
Owner's Name: WOODEN D C ESTATE
Location: NX2929 ENGLISH AVE
Amount Owed: $844
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 3.90
Decision: 🚩 Do Not Buy
Market Value: $91,025
Current Price: $144,000
Cost to Build: $157,920.00
10yr Cashflows: $112,100.26
Suggested Bid: $11,210.03 - $56,050.13
Cap Rate: 11.32%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 28% |
| marketRent: | 📌 Good 88% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 18% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 32% |
| acquisitionVsMarketValue: | 🚩 Poor -291% |
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: 1.58 💹 Current Price: $144,000.00 💸 Zestimate Price: $144,000.00 💸 Tax Assessed Value: $500.00 💸 Average Nearby Price: $91,025.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 1.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $16.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $605.00 💸 Total Annual Cost: $621.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,410.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 9.47 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1955 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1316 🏠 |