Auction Property: ARCHIE OTIS
Owner's Name: ARCHIE OTIS
Location: 1408 BASIL ST
Amount Owed: $903
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -0.84
Decision: 🚩 Do Not Buy
Market Value: $6,338
Current Price: $12,400
Cost to Build: $108,360.00
10yr Cashflows: $105,262.94
Suggested Bid: $10,526.29 - $52,631.47
Cap Rate: Unknown
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 28% |
| marketRent: | 📌 Good 83% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 13% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 53% |
| acquisitionVsMarketValue: | 🚩 Poor -478% |
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: 1.96 💹 Current Price: $12,400.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $12,400.00 💸 Average Nearby Price: $6,337.50 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $748.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $52.00 💸 Total Annual Cost: $800.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,324.00 💸 |
| capitalization rate: | 🚩 Poor 0% Simulated Rating: 0.00 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1955 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 903 🏠 |