Auction Property: INSIGHT INVESTMENTS LLC
Owner's Name: INSIGHT INVESTMENTS LLC
Location: 1719 ROMAIN DR
Amount Owed: $3,228
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.75
Decision: 🚩 Do Not Buy
Market Value: $160,613
Current Price: $197,800
Cost to Build: $197,400.00
10yr Cashflows: $137,223.44
Suggested Bid: $13,722.34 - $68,611.72
Cap Rate: 8.55%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 51% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 23% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 14% |
| acquisitionVsMarketValue: | 🚩 Poor -116% |
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: 1.23 💹 Current Price: $197,800.00 💸 Zestimate Price: $197,800.00 💸 Tax Assessed Value: $87,900.00 💸 Average Nearby Price: $160,612.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.33 💹 |
| taxes: | 📌 Good 75% Annual Tax: $2,969.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $831.00 💸 Total Annual Cost: $3,800.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,726.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.24 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 2964 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1966 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1645 🏠 |