Auction Property: GRIFFIN WILLIAM JR
Owner's Name: GRIFFIN WILLIAM JR
Location: 301 BONEY RD
Amount Owed: $1,234
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.49
Decision: 🚩 Do Not Buy
Market Value: $82,200
Current Price: $100,000
Cost to Build: $232,920.00
10yr Cashflows: $153,283.20
Suggested Bid: $15,328.32 - $76,641.60
Cap Rate: 21.65%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 49% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 27% |
| marketDemand: | 📌 Good 84% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -108% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy 🏅
| location: | City: Blythewood 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.22 💹 Current Price: $100,000.00 💸 Zestimate Price: $100,000.00 💸 Tax Assessed Value: $76,700.00 💸 Average Nearby Price: $82,200.00 💸 |
| school trends: | 📌 Good 75% Average School Rating: 6.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,065.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $420.00 💸 Total Annual Cost: $1,485.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,928.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 19.11 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 28 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1995 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 1941 🏠 |