Auction Property: GLOVER JOE ARTHUR JR
Owner's Name: GLOVER JOE ARTHUR JR
Location: 5215 MIDDLETON ST
Amount Owed: $760
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 3.06
Decision: 🚩 Do Not Buy
Market Value: $93,436
Current Price: $155,500
Cost to Build: $194,160.00
10yr Cashflows: $114,644.38
Suggested Bid: $11,464.44 - $57,322.19
Cap Rate: 10.3%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 32% |
| marketRent: | 📌 Good 90% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 23% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 16% |
| acquisitionVsMarketValue: | 🚩 Poor -332% |
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: 1.66 💹 Current Price: $155,500.00 💸 Zestimate Price: $155,500.00 💸 Tax Assessed Value: $20,000.00 💸 Average Nearby Price: $93,435.63 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $636.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $653.00 💸 Total Annual Cost: $1,289.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,442.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 8.59 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1817 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1930 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1618 🏠 |