Auction Property: ZOE GENERAL CONTRACTORS LLC
Owner's Name: ZOE GENERAL CONTRACTORS LLC
Location: 5925 FARROW RD
Amount Owed: $1,734
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.01
Decision: 🚩 Do Not Buy
Market Value: $84,068
Current Price: $107,200
Cost to Build: $138,600.00
10yr Cashflows: $111,464.23
Suggested Bid: $11,146.42 - $55,732.12
Cap Rate: 13.81%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 37% |
| marketRent: | 📌 Good 88% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 16% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 40% |
| acquisitionVsMarketValue: | 🚩 Poor -138% |
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: 1.28 💹 Current Price: $107,200.00 💸 Zestimate Price: $107,200.00 💸 Tax Assessed Value: $49,500.00 💸 Average Nearby Price: $84,067.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,574.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $450.00 💸 Total Annual Cost: $2,024.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,402.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 11.32 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 3896 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1966 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1155 🏠 |