Auction Property: HAL & NANCY SMITH /TRUST THE
Owner's Name: HAL & NANCY SMITH /TRUST THE
Location: 4617 FERNWOOD RD
Amount Owed: $10,468
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.06
Decision: 🚩 Do Not Buy
Market Value: $398,063
Current Price: $506,800
Cost to Build: $290,160.00
10yr Cashflows: $204,404.10
Suggested Bid: $20,440.41 - $102,202.05
Cap Rate: 5.28%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 📌 Good 85% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 34% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -137% |
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: 1.27 💹 Current Price: $506,800.00 💸 Zestimate Price: $506,800.00 💸 Tax Assessed Value: $310,700.00 💸 Average Nearby Price: $398,062.50 💸 |
| school trends: | 📌 Good 100% Average School Rating: 7.00 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $1,987.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $2,129.00 💸 Total Annual Cost: $4,116.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,571.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 4.81 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1986 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 2418 🏠 |