Auction Property: 2401 CLARK LLC
Owner's Name: 2401 CLARK LLC
Location: 2401 CLARK ST
Amount Owed: $6,096
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.45
Decision: 🚩 Do Not Buy
Market Value: $256,763
Current Price: $350,000
Cost to Build: $265,200.00
10yr Cashflows: $199,713.38
Suggested Bid: $19,971.34 - $99,856.69
Cap Rate: 8.19%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 📌 Good 70% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 37% |
| marketDemand: | 🚩 Poor 8% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -182% |
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: 1.36 💹 Current Price: $350,000.00 💸 Zestimate Price: $325,400.00 💸 Tax Assessed Value: $10,900.00 💸 Average Nearby Price: $256,762.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $0.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,470.00 💸 Total Annual Cost: $1,470.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,512.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.51 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 165 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1930 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 2210 🏠 |