Auction Property: GODDARD VIVA & RICHARD M
Owner's Name: GODDARD VIVA & RICHARD M
Location: 1619 LANGWATER ST
Amount Owed: $578
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.82
Decision: 🚩 Do Not Buy
Market Value: $129,938
Current Price: $151,100
Cost to Build: $204,000.00
10yr Cashflows: $126,808.45
Suggested Bid: $12,680.85 - $63,404.23
Cap Rate: 11.93%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 46% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 24% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 12% |
| acquisitionVsMarketValue: | 🚩 Poor -81% |
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: 1.16 💹 Current Price: $151,100.00 💸 Zestimate Price: $151,100.00 💸 Tax Assessed Value: $59,200.00 💸 Average Nearby Price: $129,937.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $473.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $635.00 💸 Total Annual Cost: $1,108.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,595.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 10.20 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 2055 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1964 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 1700 🏠 |