Auction Property: GAYE RONALD LEE & SAUNDRA J
Owner's Name: GAYE RONALD LEE & SAUNDRA J
Location: 2223 CORNING RD
Amount Owed: $419
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 12.73
Decision: 🏅 Buy
Market Value: $119,225
Current Price: $9,700
Cost to Build: $107,760.00
10yr Cashflows: $102,003.29
Suggested Bid: $10,200.33 - $51,001.64
Cap Rate: 12.62%
** cap rate calculated based on Market Value
Level 1 (Analysis)
Decision: Buy 🏅
| location: | ⚠️ Fair 56% |
| marketRent: | 📌 Good 80% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 13% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 53% |
| acquisitionVsMarketValue: | 📌 Good 100% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | 📌 Good 80% Value Ratio: 0.08 💹 Current Price: $9,700.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $9,700.00 💸 Average Nearby Price: $119,225.00 💸 |
| school trends: | 📌 Good 75% Average School Rating: 6.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $307.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $41.00 💸 Total Annual Cost: $348.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,283.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 10.51 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1950 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 898 🏠 |