Auction Property: BROOKS DELORES

 


Owner's Name: BROOKS DELORES

Location: 145 W LAKESIDE AVE

Amount Owed: $1,935

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 9.30

Decision: 🚩 Do Not Buy  

Market Value: $95,638

Current Price: $100,100

Cost to Build: $139,320.00

10yr Cashflows: $97,710.09

Suggested Bid: $9,771.01 - $48,855.04

Cap Rate: 12.58%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Hold

location: 🚩 Poor 36%
marketRent: 📌 Good 77%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 16%
marketDemand: ⚠️ Fair 50%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 40%
acquisitionVsMarketValue: 🚩 Poor -23%

Level 2 (Simulation)

**involves significant stress testing

Decision: Hold

location: City: Columbia 🚲 County: Richland County 🚲
price vs market value: ⚠️ Fair 40% Value Ratio: 1.05 💹 Current Price: $100,100.00 💸 Zestimate Price: $100,100.00 💸 Tax Assessed Value: $45,800.00 💸 Average Nearby Price: $95,637.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 3.00 💹
taxes: 📌 Good 100% Annual Tax: $1,734.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $420.00 💸 Total Annual Cost: $2,154.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,229.00 💸
capitalization rate: 📌 Good 75% Simulated Rating: 9.88 💹
exit strategy: 📌 Good 100% Time On Market: 0 🕰️
year built: 🚩 Poor 0% Time Built: 1965 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1161 🏠