Auction Property: BUSH RASHEEM J
Owner's Name: BUSH RASHEEM J
Location: 2114 LADY ST
Amount Owed: $2,449
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 5.89
Decision: 🚩 Do Not Buy
Market Value: $90,313
Current Price: $123,900
Cost to Build: $86,880.00
10yr Cashflows: $128,080.51
Suggested Bid: $12,808.05 - $64,040.26
Cap Rate: 13.62%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 33% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 10% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 62% |
| acquisitionVsMarketValue: | 🚩 Poor -186% |
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: 1.37 💹 Current Price: $123,900.00 💸 Zestimate Price: $123,900.00 💸 Tax Assessed Value: $66,800.00 💸 Average Nearby Price: $90,312.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,933.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $520.00 💸 Total Annual Cost: $2,453.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,611.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 11.51 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 6445 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1945 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 724 🏠 |