Auction Property: GRIFFIN BARBARA
Owner's Name: GRIFFIN BARBARA
Location: 402 WILKES RD
Amount Owed: $810
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 1.56
Decision: 🚩 Do Not Buy
Market Value: $106,675
Current Price: $198,700
Cost to Build: $285,840.00
10yr Cashflows: $129,750.09
Suggested Bid: $12,975.01 - $64,875.05
Cap Rate: 9.09%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 41% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 33% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -431% |
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: 1.86 💹 Current Price: $198,700.00 💸 Zestimate Price: $198,700.00 💸 Tax Assessed Value: $21,500.00 💸 Average Nearby Price: $106,675.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $684.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $835.00 💸 Total Annual Cost: $1,519.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,632.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.78 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1281 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1958 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 2382 🏠 |