Auction Property: HAMMOND JUDY B & DENISE

 


Owner's Name: HAMMOND JUDY B & DENISE

Location: 44 KINGSGATE DR

Amount Owed: $420

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 9.78

Decision: 🚩 Do Not Buy  

Market Value: $98,169

Current Price: $97,500

Cost to Build: $78,000.00

10yr Cashflows: $93,098.87

Suggested Bid: $9,309.89 - $46,549.44

Cap Rate: 13.67%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Hold

location: ⚠️ Fair 51%
marketRent: 📌 Good 73%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 9%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: ⚠️ Fair 66%
acquisitionVsMarketValue: 🚩 Poor 3%

Level 2 (Simulation)

**involves significant stress testing

Decision: Hold

location: City: Columbia 🚲 County: Richland County 🚲
price vs market value: ⚠️ Fair 40% Value Ratio: 0.99 💹 Current Price: $97,500.00 💸 Zestimate Price: $97,500.00 💸 Tax Assessed Value: $39,800.00 💸 Average Nearby Price: $98,168.75 💸
school trends: 📌 Good 75% Average School Rating: 6.00 💹
taxes: 📌 Good 100% Annual Tax: $317.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $410.00 💸 Total Annual Cost: $727.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,171.00 💸
capitalization rate: 📌 Good 88% Simulated Rating: 10.88 💹
exit strategy: ⚠️ Fair 60% Time On Market: 6306 days 🕰️
year built: 🚩 Poor 0% Time Built: 1950 🕰️
property info: ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 650 🏠