Auction Property: GAINEY LILLIE B ETAL
Owner's Name: GAINEY LILLIE B ETAL
Location: 7146 NANCY AVE
Amount Owed: $2,014
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.19
Decision: 🚩 Do Not Buy
Market Value: $88,475
Current Price: $110,200
Cost to Build: $134,880.00
10yr Cashflows: $88,726.17
Suggested Bid: $8,872.62 - $44,363.08
Cap Rate: 10.09%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 39% |
| marketRent: | ⚠️ Fair 70% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 16% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 42% |
| acquisitionVsMarketValue: | 🚩 Poor -123% |
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: 1.25 💹 Current Price: $110,200.00 💸 Zestimate Price: $110,200.00 💸 Tax Assessed Value: $38,800.00 💸 Average Nearby Price: $88,475.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,808.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $463.00 💸 Total Annual Cost: $2,271.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,116.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.61 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1958 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1124 🏠 |