Auction Property: GAINES JOHNNY L
Owner's Name: GAINES JOHNNY L
Location: 1545 LILLY AVE
Amount Owed: $611
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.07
Decision: 🚩 Do Not Buy
Market Value: $63,800
Current Price: $69,900
Cost to Build: $83,520.00
10yr Cashflows: $89,918.72
Suggested Bid: $8,991.87 - $44,959.36
Cap Rate: 17.92%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 35% |
| marketRent: | 📌 Good 71% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 10% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 64% |
| acquisitionVsMarketValue: | 🚩 Poor -48% |
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: 1.10 💹 Current Price: $69,900.00 💸 Zestimate Price: $104,300.00 💸 Tax Assessed Value: $26,000.00 💸 Average Nearby Price: $63,800.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $752.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $294.00 💸 Total Annual Cost: $1,046.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,131.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 14.02 💹 |
| exit strategy: | 🚩 Poor 0% Time On Market: 980 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1950 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 696 🏠 |