Auction Property: DORSEY ABRAM
Owner's Name: DORSEY ABRAM
Location: 1416 BROOKS ST
Amount Owed: $177
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -3.25
Decision: 🚩 Do Not Buy
Market Value: $34,763
Current Price: $79,500
Cost to Build: $0.00
10yr Cashflows: $99,379.67
Suggested Bid: $9,937.97 - $49,689.83
Cap Rate: 18.35%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 19% |
| marketRent: | 📌 Good 78% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 35% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -643% |
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: 2.29 💹 Current Price: $79,500.00 💸 Zestimate Price: $79,500.00 💸 Tax Assessed Value: $2,500.00 💸 Average Nearby Price: $34,762.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $74.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $334.00 💸 Total Annual Cost: $408.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,250.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 14.96 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 0 🕰️ |
| property info: | 📌 Good 70% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: null 🏠 Home Living Area: 8,750 sqft 🏠 |