Auction Property: BANISTER TYRONE
Owner's Name: BANISTER TYRONE
Location: 5517 COLONIAL DR
Amount Owed: $2,080
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.01
Decision: 🚩 Do Not Buy
Market Value: $127,213
Current Price: $117,100
Cost to Build: $155,880.00
10yr Cashflows: $72,586.91
Suggested Bid: $7,258.69 - $36,293.45
Cap Rate: 7.31%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 39% |
| marketRent: | ⚠️ Fair 57% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 18% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 32% |
| acquisitionVsMarketValue: | 🚩 Poor 40% |
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: 0.92 💹 Current Price: $117,100.00 💸 Zestimate Price: $117,100.00 💸 Tax Assessed Value: $60,000.00 💸 Average Nearby Price: $127,212.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,908.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $492.00 💸 Total Annual Cost: $2,400.00 💸 |
| rent potential: | 🚩 Poor 0% Estimated Rent Price: $913.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 4.93 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1276 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1932 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1299 🏠 |