Auction Property: CATOE JOE
Owner's Name: CATOE JOE
Location: 1516 HARD SCRABBLE RD
Amount Owed: $622
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 12.67
Decision: 🏅 Buy
Market Value: $118,163
Current Price: $13,000
Cost to Build: $0.00
10yr Cashflows: $140,403.59
Suggested Bid: $14,040.36 - $70,201.80
Cap Rate: 17.48%
** cap rate calculated based on Market Value
Level 1 (Analysis)
Decision: Buy 🏅
| location: | ⚠️ Fair 46% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 35% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 📌 Good 100% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 60% Value Ratio: 0.11 💹 Current Price: $13,000.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $13,000.00 💸 Average Nearby Price: $118,162.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $480.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $55.00 💸 Total Annual Cost: $535.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,766.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 15.51 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 6787 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 0 🕰️ |
| property info: | 📌 Good 70% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: null 🏠 Home Living Area: 0.98 Acres 🏠 |