Auction Property: LITTLE BLAKE L SR

 


Owner's Name: LITTLE BLAKE L SR

Location: 113 DOLLY ST

Amount Owed: $1,957

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 5.40

Decision: 🚩 Do Not Buy  

Market Value: $59,911

Current Price: $83,200

Cost to Build: $91,080.00

10yr Cashflows: $80,298.77

Suggested Bid: $8,029.88 - $40,149.38

Cap Rate: 12.04%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: ⚠️ Fair 41%
marketRent: ⚠️ Fair 63%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 11%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: ⚠️ Fair 61%
acquisitionVsMarketValue: 🚩 Poor -194%

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: 1.39 💹 Current Price: $83,200.00 💸 Zestimate Price: $83,200.00 💸 Tax Assessed Value: $37,700.00 💸 Average Nearby Price: $59,911.25 💸
school trends: 📌 Good 75% Average School Rating: 5.67 💹
taxes: 📌 Good 100% Annual Tax: $1,755.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $349.00 💸 Total Annual Cost: $2,104.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,010.00 💸
capitalization rate: 📌 Good 75% Simulated Rating: 8.72 💹
exit strategy: ⚠️ Fair 60% Time On Market: 5837 days 🕰️
year built: 🚩 Poor 0% Time Built: 1963 🕰️
property info: ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 759 🏠