Auction Property: IGLESIAS JUSTIN & KIMBERLY
Owner's Name: IGLESIAS JUSTIN & KIMBERLY
Location: 1610 EDGEMORE RD
Amount Owed: $1,167
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 6.55
Decision: 🚩 Do Not Buy
Market Value: $140,638
Current Price: $187,300
Cost to Build: $144,000.00
10yr Cashflows: $117,268.01
Suggested Bid: $11,726.80 - $58,634.00
Cap Rate: 8.55%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 52% |
| marketRent: | 📌 Good 92% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 17% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 38% |
| acquisitionVsMarketValue: | 🚩 Poor -166% |
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: 1.33 💹 Current Price: $187,300.00 💸 Zestimate Price: $187,300.00 💸 Tax Assessed Value: $66,800.00 💸 Average Nearby Price: $140,637.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $907.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $787.00 💸 Total Annual Cost: $1,694.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,475.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.13 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 4368 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1975 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1200 🏠 |