Auction Property: GOODMAN PROPERTIES LLC

 


Owner's Name: GOODMAN PROPERTIES LLC

Location: 2113 JOE FRAZIER CT

Amount Owed: $1,632

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 2.51

Decision: 🚩 Do Not Buy  

Market Value: $23,300

Current Price: $36,000

Cost to Build: $78,000.00

10yr Cashflows: $72,904.92

Suggested Bid: $7,290.49 - $36,452.46

Cap Rate: Unknown 

Level 1 (Analysis)

Decision: Do Not Buy

location: 🚩 Poor 32%
marketRent: ⚠️ Fair 57%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 9%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: ⚠️ Fair 66%
acquisitionVsMarketValue: 🚩 Poor -273%

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: 1.55 💹 Current Price: $36,000.00 💸 Zestimate Price: $72,900.00 💸 Tax Assessed Value: $36,000.00 💸 Average Nearby Price: $23,300.00 💸
school trends: 📌 Good 75% Average School Rating: 5.33 💹
taxes: 📌 Good 100% Annual Tax: $1,313.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $151.00 💸 Total Annual Cost: $1,464.00 💸
rent potential: 🚩 Poor 0% Estimated Rent Price: $917.00 💸
capitalization rate: 🚩 Poor 0% Simulated Rating: 0.00 💹
exit strategy: 📌 Good 100% Time On Market: 1042 days 🕰️
year built: 🚩 Poor 0% Time Built: 1960 🕰️
property info: ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 650 🏠