Auction Property: 5K GROUP LLC
Owner's Name: 5K GROUP LLC
Location: 321 HANOVER AVE
Amount Owed: $919
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.04
Decision: 🚩 Do Not Buy
Market Value: $61,913
Current Price: $76,000
Cost to Build: $99,840.00
10yr Cashflows: $93,257.88
Suggested Bid: $9,325.79 - $46,628.94
Cap Rate: 17.06%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 22% |
| marketRent: | 📌 Good 73% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 24% |
| marketDemand: | 📌 Good 71% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 57% |
| acquisitionVsMarketValue: | 🚩 Poor -114% |
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: 1.23 💹 Current Price: $76,000.00 💸 Zestimate Price: $70,900.00 💸 Tax Assessed Value: $24,900.00 💸 Average Nearby Price: $61,912.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 1.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $790.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $319.00 💸 Total Annual Cost: $1,109.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,173.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 13.48 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 53 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1930 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 832 🏠 |