Auction Property: COOK JOANN

 


Owner's Name: COOK JOANN

Location: 2101 ROLLING HILLS RD

Amount Owed: $972

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 6.46

Decision: 🚩 Do Not Buy  

Market Value: $174,875

Current Price: $241,000

Cost to Build: $249,120.00

10yr Cashflows: $154,634.76

Suggested Bid: $15,463.48 - $77,317.38

Cap Rate: 8.96%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: ⚠️ Fair 55%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 29%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 0%
acquisitionVsMarketValue: 🚩 Poor -189%

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: 1.38 💹 Current Price: $241,000.00 💸 Zestimate Price: $241,000.00 💸 Tax Assessed Value: $109,300.00 💸 Average Nearby Price: $174,875.00 💸
school trends: ⚠️ Fair 50% Average School Rating: 3.33 💹
taxes: 📌 Good 100% Annual Tax: $740.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,012.00 💸 Total Annual Cost: $1,752.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,945.00 💸
capitalization rate: ⚠️ Fair 63% Simulated Rating: 7.91 💹
exit strategy: ⚠️ Fair 60% Time On Market: 8750 days 🕰️
year built: 🚩 Poor 0% Time Built: 1965 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 2076 🏠