Auction Property: BANISTER TYRONE
Owner's Name: BANISTER TYRONE
Location: 2734 BOONE ST
Amount Owed: $1,570
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -1.23
Decision: 🚩 Do Not Buy
Market Value: $56,938
Current Price: $115,400
Cost to Build: $137,280.00
10yr Cashflows: $93,337.38
Suggested Bid: $9,333.74 - $46,668.69
Cap Rate: 10.59%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 24% |
| marketRent: | 📌 Good 73% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 16% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 41% |
| acquisitionVsMarketValue: | 🚩 Poor -513% |
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: 2.03 💹 Current Price: $115,400.00 💸 Zestimate Price: $115,400.00 💸 Tax Assessed Value: $34,000.00 💸 Average Nearby Price: $56,937.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,386.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $485.00 💸 Total Annual Cost: $1,871.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,174.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 8.23 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1956 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1144 🏠 |