Auction Property: KIRVEN DONALD W

 


Owner's Name: KIRVEN DONALD W

Location: 417 NINA LEE DR

Amount Owed: $3,374

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: -14.73

Decision: 🚩 Do Not Buy  

Market Value: $164,438

Current Price: $598,100

Cost to Build: $584,880.00

10yr Cashflows: $266,894.03

Suggested Bid: $26,689.40 - $133,447.01

Cap Rate: 5.8%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: ⚠️ Fair 56%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: ⚠️ Fair 68%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 0%
acquisitionVsMarketValue: 🚩 Poor -1,319%

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: 3.64 💹 Current Price: $598,100.00 💸 Zestimate Price: $598,100.00 💸 Tax Assessed Value: $376,400.00 💸 Average Nearby Price: $164,437.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 4.00 💹
taxes: ⚠️ Fair 50% Annual Tax: $3,110.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $2,512.00 💸 Total Annual Cost: $5,622.00 💸
rent potential: 📌 Good 100% Estimated Rent Price: $3,357.00 💸
capitalization rate: 🚩 Poor 38% Simulated Rating: 5.43 💹
exit strategy: ⚠️ Fair 60% Time On Market: 6187 days 🕰️
year built: 📌 Good 100% Time Built: 2014 🕰️
property info: 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 4874 🏠