Auction Property: GENERATIONAL WEALTH PROPERTY

 


Owner's Name: GENERATIONAL WEALTH PROPERTY

Location: 1531 BON AIR DR

Amount Owed: $1,034

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 9.49

Decision: 🚩 Do Not Buy  

Market Value: $5,950

Current Price: $4,100

Cost to Build: $87,000.00

10yr Cashflows: $78,231.67

Suggested Bid: $7,823.17 - $39,115.84

Cap Rate: Unknown 

Level 1 (Analysis)

Decision: Do Not Buy

location: 🚩 Poor 13%
marketRent: ⚠️ Fair 62%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 10%
marketDemand: ⚠️ Fair 50%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: ⚠️ Fair 62%
acquisitionVsMarketValue: 📌 Good 100%

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: 0.69 💹 Current Price: $4,100.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $4,100.00 💸 Average Nearby Price: $5,950.00 💸
school trends: ⚠️ Fair 50% Average School Rating: 2.33 💹
taxes: 📌 Good 100% Annual Tax: $386.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $17.00 💸 Total Annual Cost: $403.00 💸
rent potential: 🚩 Poor 0% Estimated Rent Price: $984.00 💸
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: 725 🏠