Auction Property: BROWN THEONIS
Owner's Name: BROWN THEONIS
Location: 2451 SENATE ST
Amount Owed: $2,768
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.32
Decision: 🚩 Do Not Buy
Market Value: $116,888
Current Price: $146,800
Cost to Build: $184,320.00
10yr Cashflows: $146,286.87
Suggested Bid: $14,628.69 - $73,143.43
Cap Rate: 13.03%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 55% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 22% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 20% |
| acquisitionVsMarketValue: | 🚩 Poor -128% |
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: 1.26 💹 Current Price: $146,800.00 💸 Zestimate Price: $146,800.00 💸 Tax Assessed Value: $80,800.00 💸 Average Nearby Price: $116,887.50 💸 |
| school trends: | 📌 Good 75% Average School Rating: 6.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $2,338.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $617.00 💸 Total Annual Cost: $2,955.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,840.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 11.29 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 2582 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1950 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1536 🏠 |