Auction Property: ANDREW V & JACQUELYN M COREY
Owner's Name: ANDREW V & JACQUELYN M COREY
Location: 2103 AUDUBON AVE
Amount Owed: $2,142
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.13
Decision: 🚩 Do Not Buy
Market Value: $119,950
Current Price: $134,100
Cost to Build: $134,160.00
10yr Cashflows: $119,255.60
Suggested Bid: $11,925.56 - $59,627.80
Cap Rate: 11.66%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 48% |
| marketRent: | 📌 Good 94% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 16% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 42% |
| acquisitionVsMarketValue: | 🚩 Poor -59% |
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: 1.12 💹 Current Price: $134,100.00 💸 Zestimate Price: $134,100.00 💸 Tax Assessed Value: $42,100.00 💸 Average Nearby Price: $119,950.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,807.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $563.00 💸 Total Annual Cost: $2,370.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,500.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 9.69 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1183 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1963 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1118 🏠 |