Auction Property: GERSTNER JACK S JR
Owner's Name: GERSTNER JACK S JR
Location: 924 TEXAS ST
Amount Owed: $1,038
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.93
Decision: 🚩 Do Not Buy
Market Value: $144,024
Current Price: $143,500
Cost to Build: $169,920.00
10yr Cashflows: $103,195.84
Suggested Bid: $10,319.58 - $51,597.92
Cap Rate: 9.82%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Hold
| location: | ⚠️ Fair 58% |
| marketRent: | 📌 Good 81% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 20% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 26% |
| acquisitionVsMarketValue: | 🚩 Poor 2% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Hold
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.00 💹 Current Price: $143,500.00 💸 Zestimate Price: $143,500.00 💸 Tax Assessed Value: $68,000.00 💸 Average Nearby Price: $144,024.38 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $878.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $603.00 💸 Total Annual Cost: $1,481.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,298.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.95 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1900 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1416 🏠 |