Auction Property: BANISTER LAUREN & TYRONE
Owner's Name: BANISTER LAUREN & TYRONE
Location: 4510 COLONIAL DR
Amount Owed: $1,090
Type: MULTI_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.83
Decision: 🚩 Do Not Buy
Market Value: $128,699
Current Price: $1,800
Cost to Build: $138,240.00
10yr Cashflows: $93,655.40
Suggested Bid: $9,365.54 - $46,827.70
Cap Rate: 10.98%
** cap rate calculated based on Market Value
Level 1 (Analysis)
Decision: Hold
| location: | 🚩 Poor 36% |
| marketRent: | 📌 Good 74% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 16% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 🚩 Poor 0% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 40% |
| acquisitionVsMarketValue: | 📌 Good 100% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Hold
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | 📌 Good 100% Value Ratio: 0.01 💹 Current Price: $1,800.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $1,800.00 💸 Average Nearby Price: $128,698.75 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 1.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $0.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $8.00 💸 Total Annual Cost: $8.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,178.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 8.99 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1145 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1940 🕰️ |
| property info: | 🚩 Poor 0% Home Type: MULTI_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1152 🏠 |