Auction Property: HALLMAN DORIS CARTER ETALS

 


Owner's Name: HALLMAN DORIS CARTER ETALS

Location: 2588 CHERRY ST

Amount Owed: $2,614

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 6.99

Decision: 🚩 Do Not Buy  

Market Value: $141,025

Current Price: $215,500

Cost to Build: $159,840.00

10yr Cashflows: $161,472.08

Suggested Bid: $16,147.21 - $80,736.04

Cap Rate: 9.77%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: ⚠️ Fair 64%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 19%
marketDemand: ⚠️ Fair 50%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 31%
acquisitionVsMarketValue: 🚩 Poor -264%

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: 1.53 💹 Current Price: $215,500.00 💸 Zestimate Price: $215,500.00 💸 Tax Assessed Value: $76,100.00 💸 Average Nearby Price: $141,025.00 💸
school trends: 📌 Good 75% Average School Rating: 6.67 💹
taxes: 📌 Good 100% Annual Tax: $2,423.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $905.00 💸 Total Annual Cost: $3,328.00 💸
rent potential: 📌 Good 100% Estimated Rent Price: $2,031.00 💸
capitalization rate: 📌 Good 75% Simulated Rating: 8.60 💹
exit strategy: 📌 Good 100% Time On Market: 0 🕰️
year built: 📌 Good 100% Time Built: 2020 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1332 🏠