Auction Property: GRIFFIN BARBARA
Owner's Name: GRIFFIN BARBARA
Location: 508 SCARSDALE DR
Amount Owed: $1,339
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.13
Decision: 🚩 Do Not Buy
Market Value: $80,863
Current Price: $86,300
Cost to Build: $119,640.00
10yr Cashflows: $97,869.09
Suggested Bid: $9,786.91 - $48,934.55
Cap Rate: 15.35%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Hold
| location: | 🚩 Poor 38% |
| marketRent: | 📌 Good 77% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 14% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 48% |
| acquisitionVsMarketValue: | 🚩 Poor -34% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Hold
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.07 💹 Current Price: $86,300.00 💸 Zestimate Price: $86,300.00 💸 Tax Assessed Value: $26,500.00 💸 Average Nearby Price: $80,862.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,165.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $362.00 💸 Total Annual Cost: $1,527.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,231.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 12.21 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 4582 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1970 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 997 🏠 |