Auction Property: BARE JENNIFER G &

 


Owner's Name: BARE JENNIFER G &

Location: 204 S SOUTH SHIELDS RD

Amount Owed: $1,941

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 8.01

Decision: 🚩 Do Not Buy  

Market Value: $202,283

Current Price: $256,200

Cost to Build: $267,720.00

10yr Cashflows: $145,332.82

Suggested Bid: $14,533.28 - $72,666.41

Cap Rate: 7.47%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: ⚠️ Fair 67%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 31%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 0%
acquisitionVsMarketValue: 🚩 Poor -133%

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: 1.27 💹 Current Price: $256,200.00 💸 Zestimate Price: $256,200.00 💸 Tax Assessed Value: $147,000.00 💸 Average Nearby Price: $202,282.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 4.67 💹
taxes: 📌 Good 100% Annual Tax: $1,734.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,076.00 💸 Total Annual Cost: $2,810.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,828.00 💸
capitalization rate: ⚠️ Fair 63% Simulated Rating: 6.47 💹
exit strategy: 📌 Good 100% Time On Market: 11441 days 🕰️
year built: 🚩 Poor 0% Time Built: 1980 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 2231 🏠