Auction Property: BARIBEAU AARON SCOTT &
Owner's Name: BARIBEAU AARON SCOTT &
Location: 2549 CHERRY ST
Amount Owed: $6,579
Type: MULTI_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -272.97
Decision: 🚩 Do Not Buy
Market Value: $16,025
Current Price: $465,800
Cost to Build: $599,040.00
10yr Cashflows: $177,054.81
Suggested Bid: $17,705.48 - $88,527.41
Cap Rate: 3.92%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 17% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | ⚠️ Fair 70% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 🚩 Poor 0% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -14,034% |
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: 29.07 💹 Current Price: $465,800.00 💸 Zestimate Price: $465,800.00 💸 Tax Assessed Value: $204,200.00 💸 Average Nearby Price: $16,025.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.67 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $6,494.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,956.00 💸 Total Annual Cost: $8,450.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,227.00 💸 |
| capitalization rate: | 🚩 Poor 13% Simulated Rating: 3.39 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1556 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1985 🕰️ |
| property info: | 🚩 Poor 20% Home Type: MULTI_FAMILY 🏠 Home Bedrooms: null 🏠 Home Living Area: 4992 🏠 |