Auction Property: BACKUS CASSANDRA E
Owner's Name: BACKUS CASSANDRA E
Location: 107 APPLEHILL CT
Amount Owed: $1,022
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 12.32
Decision: 🏅 Buy
Market Value: $229,575
Current Price: $202,900
Cost to Build: $150,840.00
10yr Cashflows: $130,863.14
Suggested Bid: $13,086.31 - $65,431.57
Cap Rate: 8.41%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Buy 🏅
| location: | 📌 Good 73% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 18% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 80% |
| developmentFeasibility: | 🚩 Poor 35% |
| acquisitionVsMarketValue: | ⚠️ Fair 58% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 0.88 💹 Current Price: $202,900.00 💸 Zestimate Price: $202,900.00 💸 Tax Assessed Value: $102,900.00 💸 Average Nearby Price: $229,575.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,312.00 💸 Monthly Hoa Tax: $43.00 💸 Annual Insurance: $852.00 💸 Total Annual Cost: $2,680.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,646.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.13 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 8070 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1995 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1257 🏠 |