Auction Property: CHEROKEE STREET INVESTMENT L
Owner's Name: CHEROKEE STREET INVESTMENT L
Location: 1412 CHEROKEE ST
Amount Owed: $3,131
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -45.31
Decision: 🚩 Do Not Buy
Market Value: $26,861
Current Price: $175,600
Cost to Build: $108,720.00
10yr Cashflows: $125,536.39
Suggested Bid: $12,553.64 - $62,768.20
Cap Rate: 8.71%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 19% |
| marketRent: | 📌 Good 99% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 13% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 53% |
| acquisitionVsMarketValue: | 🚩 Poor -2,769% |
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: 6.54 💹 Current Price: $175,600.00 💸 Zestimate Price: $175,600.00 💸 Tax Assessed Value: $91,800.00 💸 Average Nearby Price: $26,861.25 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.67 💹 |
| taxes: | 📌 Good 75% Annual Tax: $2,921.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $738.00 💸 Total Annual Cost: $3,659.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,579.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.21 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 📌 Good 100% Time Built: 2020 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 906 🏠 |