Auction Property: GARY DEBRA ELAINE

 


Owner's Name: GARY DEBRA ELAINE

Location: NX1544 LILLY AVE

Amount Owed: $997

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: -1.26

Decision: 🚩 Do Not Buy  

Market Value: $55,488

Current Price: $112,400

Cost to Build: $100,440.00

10yr Cashflows: $94,688.95

Suggested Bid: $9,468.89 - $47,344.47

Cap Rate: 12.29%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy

location: 🚩 Poor 34%
marketRent: 📌 Good 74%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 12%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: ⚠️ Fair 56%
acquisitionVsMarketValue: 🚩 Poor -513%

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: 2.03 💹 Current Price: $112,400.00 💸 Zestimate Price: $112,400.00 💸 Tax Assessed Value: $200.00 💸 Average Nearby Price: $55,487.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 4.33 💹
taxes: 📌 Good 100% Annual Tax: $11.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $472.00 💸 Total Annual Cost: $483.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,191.00 💸
capitalization rate: 📌 Good 75% Simulated Rating: 9.87 💹
exit strategy: ⚠️ Fair 60% Time On Market: 7027 days 🕰️
year built: 🚩 Poor 0% Time Built: 1950 🕰️
property info: ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 837 🏠