Auction Property: BANISTER TYRONE
Owner's Name: BANISTER TYRONE
Location: 5511 COLONIAL DR
Amount Owed: $2,740
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.53
Decision: 🚩 Do Not Buy
Market Value: $118,825
Current Price: $138,900
Cost to Build: $150,480.00
10yr Cashflows: $84,989.49
Suggested Bid: $8,498.95 - $42,494.74
Cap Rate: 6.98%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 37% |
| marketRent: | ⚠️ Fair 67% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 18% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 35% |
| acquisitionVsMarketValue: | 🚩 Poor -84% |
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: $138,900.00 💸 Zestimate Price: $138,900.00 💸 Tax Assessed Value: $80,000.00 💸 Average Nearby Price: $118,825.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $2,545.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $583.00 💸 Total Annual Cost: $3,128.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,069.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 5.01 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1348 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1957 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1254 🏠 |