Auction Property: COIT FRED W
Owner's Name: COIT FRED W
Location: 124 W HANOVER AVE
Amount Owed: $2,391
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 10.23
Decision: ⚠️ Consider
Market Value: $131,726
Current Price: $133,000
Cost to Build: $157,200.00
10yr Cashflows: $119,971.13
Suggested Bid: $11,997.11 - $59,985.57
Cap Rate: 11.57%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Hold
| location: | ⚠️ Fair 44% |
| marketRent: | 📌 Good 94% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 18% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 32% |
| acquisitionVsMarketValue: | 🚩 Poor -5% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Hold
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.01 💹 Current Price: $133,000.00 💸 Zestimate Price: $133,000.00 💸 Tax Assessed Value: $60,400.00 💸 Average Nearby Price: $131,726.25 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $2,160.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $559.00 💸 Total Annual Cost: $2,719.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,509.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 9.59 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1965 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1310 🏠 |