Auction Property: 5K GROUP LLC

 


Owner's Name: 5K GROUP LLC

Location: 4401 CATHERINE AVE

Amount Owed: $1,112

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: -25.52

Decision: 🚩 Do Not Buy  

Market Value: $15,946

Current Price: $71,200

Cost to Build: $122,400.00

10yr Cashflows: $87,533.61

Suggested Bid: $8,753.36 - $43,766.80

Cap Rate: 16.77%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: 🚩 Poor 18%
marketRent: ⚠️ Fair 69%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 14%
marketDemand: ⚠️ Fair 50%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: ⚠️ Fair 47%
acquisitionVsMarketValue: 🚩 Poor -1,732%

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: 4.46 💹 Current Price: $71,200.00 💸 Zestimate Price: $71,200.00 💸 Tax Assessed Value: $30,700.00 💸 Average Nearby Price: $15,946.25 💸
school trends: ⚠️ Fair 50% Average School Rating: 3.00 💹
taxes: 📌 Good 100% Annual Tax: $975.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $299.00 💸 Total Annual Cost: $1,274.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,101.00 💸
capitalization rate: 📌 Good 100% Simulated Rating: 12.92 💹
exit strategy: 📌 Good 100% Time On Market: 0 🕰️
year built: 🚩 Poor 0% Time Built: 1950 🕰️
property info: ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1020 🏠