Auction Property: HUTTO ESTHER & SPARTACUS

 


Owner's Name: HUTTO ESTHER & SPARTACUS

Location: 2471 BRATTON ST

Amount Owed: $1,750

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 6.82

Decision: 🚩 Do Not Buy  

Market Value: $108,850

Current Price: $156,600

Cost to Build: $200,640.00

10yr Cashflows: $202,655.01

Suggested Bid: $20,265.50 - $101,327.51

Cap Rate: 18.1%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: ⚠️ Fair 54%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 23%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 13%
acquisitionVsMarketValue: 🚩 Poor -219%

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: 1.44 💹 Current Price: $156,600.00 💸 Zestimate Price: $156,600.00 💸 Tax Assessed Value: $50,000.00 💸 Average Nearby Price: $108,850.00 💸
school trends: 📌 Good 75% Average School Rating: 6.00 💹
taxes: 📌 Good 100% Annual Tax: $1,590.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $658.00 💸 Total Annual Cost: $2,248.00 💸
rent potential: 📌 Good 100% Estimated Rent Price: $2,549.00 💸
capitalization rate: 📌 Good 100% Simulated Rating: 16.57 💹
exit strategy: 📌 Good 100% Time On Market: 2408 days 🕰️
year built: 🚩 Poor 0% Time Built: 1930 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 1672 🏠