Auction Property: DOWNS CHARLOTTE ETAL
Owner's Name: DOWNS CHARLOTTE ETAL
Location: 2933 EASTWAY DR
Amount Owed: $826
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 4.45
Decision: 🚩 Do Not Buy
Market Value: $68,200
Current Price: $118,500
Cost to Build: $156,000.00
10yr Cashflows: $140,324.09
Suggested Bid: $14,032.41 - $70,162.04
Cap Rate: 16.88%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 41% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 18% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 32% |
| acquisitionVsMarketValue: | 🚩 Poor -369% |
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: 1.74 💹 Current Price: $118,500.00 💸 Zestimate Price: $118,500.00 💸 Tax Assessed Value: $40,000.00 💸 Average Nearby Price: $68,200.00 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $675.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $498.00 💸 Total Annual Cost: $1,173.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,765.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 14.71 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 📌 Good 100% Time Built: 2006 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1300 🏠 |