Auction Property: FISHER JERRY
Owner's Name: FISHER JERRY
Location: 5851 AMES RD
Amount Owed: $737
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -120.67
Decision: 🚩 Do Not Buy
Market Value: $10,700
Current Price: $151,100
Cost to Build: $254,880.00
10yr Cashflows: $154,714.26
Suggested Bid: $15,471.43 - $77,357.13
Cap Rate: 14.62%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 21% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 30% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -6,561% |
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: 14.12 💹 Current Price: $151,100.00 💸 Zestimate Price: $151,100.00 💸 Tax Assessed Value: $79,000.00 💸 Average Nearby Price: $10,700.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $630.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $635.00 💸 Total Annual Cost: $1,265.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,946.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 12.94 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 7229 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1988 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 2124 🏠 |