Auction Property: BAILEY DONAVON L & DERRICK L
Owner's Name: BAILEY DONAVON L & DERRICK L
Location: 5518 RANSOM DR
Amount Owed: $1,206
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.56
Decision: 🚩 Do Not Buy
Market Value: $145,089
Current Price: $169,100
Cost to Build: $123,840.00
10yr Cashflows: $101,526.27
Suggested Bid: $10,152.63 - $50,763.13
Cap Rate: 8.03%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 63% |
| marketRent: | 📌 Good 80% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 14% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 46% |
| acquisitionVsMarketValue: | 🚩 Poor -83% |
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: 1.17 💹 Current Price: $169,100.00 💸 Zestimate Price: $169,100.00 💸 Tax Assessed Value: $87,400.00 💸 Average Nearby Price: $145,088.75 💸 |
| school trends: | 📌 Good 75% Average School Rating: 6.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,034.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $710.00 💸 Total Annual Cost: $1,744.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,277.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 6.44 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 5745 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1967 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1032 🏠 |