Auction Property: INSIGHT INVESTMENTS C LLC
Owner's Name: INSIGHT INVESTMENTS C LLC
Location: 400 S HIGHLAND FOREST DR
Amount Owed: $2,340
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.30
Decision: 🚩 Do Not Buy
Market Value: $124,393
Current Price: $154,900
Cost to Build: $156,000.00
10yr Cashflows: $117,586.02
Suggested Bid: $11,758.60 - $58,793.01
Cap Rate: 9.67%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 39% |
| marketRent: | 📌 Good 92% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 18% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 32% |
| acquisitionVsMarketValue: | 🚩 Poor -123% |
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: 1.25 💹 Current Price: $154,900.00 💸 Zestimate Price: $154,900.00 💸 Tax Assessed Value: $59,000.00 💸 Average Nearby Price: $124,392.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $2,121.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $651.00 💸 Total Annual Cost: $2,772.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,479.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.96 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 2132 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1973 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1300 🏠 |