Auction Property: GRIFFIN BARBARA L
Owner's Name: GRIFFIN BARBARA L
Location: 7809 EXETER LN
Amount Owed: $2,179
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -19.43
Decision: 🚩 Do Not Buy
Market Value: $69,375
Current Price: $283,300
Cost to Build: $276,960.00
10yr Cashflows: $170,853.52
Suggested Bid: $17,085.35 - $85,426.76
Cap Rate: 7.99%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 37% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 32% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -1,542% |
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: 4.08 💹 Current Price: $283,300.00 💸 Zestimate Price: $283,300.00 💸 Tax Assessed Value: $171,700.00 💸 Average Nearby Price: $69,375.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,961.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,190.00 💸 Total Annual Cost: $3,151.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,149.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.11 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 📌 Good 100% Time Built: 2006 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 2308 🏠 |