Auction Property: CHAPS RENTAL LLC
Owner's Name: CHAPS RENTAL LLC
Location: 2414 ELMWOOD AVE
Amount Owed: $183
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 12.69
Decision: 🏅 Buy
Market Value: $160,863
Current Price: $2,500
Cost to Build: $76,200.00
10yr Cashflows: $91,508.80
Suggested Bid: $9,150.88 - $45,754.40
Cap Rate: 8.53%
** cap rate calculated based on Market Value
Level 1 (Analysis)
Decision: Buy 🏅
| location: | ⚠️ Fair 48% |
| marketRent: | 📌 Good 72% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 9% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 67% |
| acquisitionVsMarketValue: | 📌 Good 100% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | 📌 Good 100% Value Ratio: 0.02 💹 Current Price: $2,500.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $2,500.00 💸 Average Nearby Price: $160,862.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $80.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $11.00 💸 Total Annual Cost: $91.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,151.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 6.93 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1054 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1940 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 635 🏠 |