Auction Property: CHAVIS JOHN W
Owner's Name: CHAVIS JOHN W
Location: 23 TROTWOOD DR
Amount Owed: $2,428
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 5.85
Decision: 🚩 Do Not Buy
Market Value: $259,500
Current Price: $405,100
Cost to Build: $335,520.00
10yr Cashflows: $195,579.18
Suggested Bid: $19,557.92 - $97,789.59
Cap Rate: 6.32%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 67% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 39% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -281% |
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: 1.56 💹 Current Price: $405,100.00 💸 Zestimate Price: $405,100.00 💸 Tax Assessed Value: $251,400.00 💸 Average Nearby Price: $259,500.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.33 💹 |
| taxes: | 📌 Good 75% Annual Tax: $2,205.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,701.00 💸 Total Annual Cost: $3,906.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,460.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 5.73 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 14204 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1986 🕰️ |
| property info: | 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 2796 🏠 |