Auction Property: ANDERSON SANDY
Owner's Name: ANDERSON SANDY
Location: 1336 JOHNSON AVE
Amount Owed: $1,420
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -4.97
Decision: 🚩 Do Not Buy
Market Value: $69,238
Current Price: $170,000
Cost to Build: $123,840.00
10yr Cashflows: $118,222.05
Suggested Bid: $11,822.20 - $59,111.02
Cap Rate: 9.41%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 23% |
| marketRent: | 📌 Good 93% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 20% |
| marketDemand: | 📌 Good 96% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 46% |
| acquisitionVsMarketValue: | 🚩 Poor -728% |
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: 2.46 💹 Current Price: $170,000.00 💸 Zestimate Price: $164,800.00 💸 Tax Assessed Value: $39,200.00 💸 Average Nearby Price: $69,237.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 1.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,132.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $714.00 💸 Total Annual Cost: $1,846.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,487.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.86 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 7 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1981 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1032 🏠 |