Auction Property: HERITAGE INSURANCE AGENCY LLC
Owner's Name: HERITAGE INSURANCE AGENCY LLC
Location: 1815 INGLEWOOD DR
Amount Owed: $484
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.57
Decision: 🚩 Do Not Buy
Market Value: $178,713
Current Price: $235,000
Cost to Build: $178,200.00
10yr Cashflows: $129,829.59
Suggested Bid: $12,982.96 - $64,914.80
Cap Rate: 7.78%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 60% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 33% |
| marketDemand: | 📌 Good 96% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 23% |
| acquisitionVsMarketValue: | 🚩 Poor -157% |
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: 1.31 💹 Current Price: $235,000.00 💸 Zestimate Price: $228,600.00 💸 Tax Assessed Value: $93,600.00 💸 Average Nearby Price: $178,712.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $331.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $987.00 💸 Total Annual Cost: $1,318.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,633.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 6.67 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 7 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1956 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1485 🏠 |