Auction Property: BARTON NAKIA ETAL
Owner's Name: BARTON NAKIA ETAL
Location: 1601 TEAKWOOD LN
Amount Owed: $1,541
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.27
Decision: 🚩 Do Not Buy
Market Value: $157,100
Current Price: $202,300
Cost to Build: $217,320.00
10yr Cashflows: $124,423.34
Suggested Bid: $12,442.33 - $62,211.67
Cap Rate: 8.86%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 52% |
| marketRent: | 📌 Good 98% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 25% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 6% |
| acquisitionVsMarketValue: | 🚩 Poor -144% |
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: 1.29 💹 Current Price: $202,300.00 💸 Zestimate Price: $202,300.00 💸 Tax Assessed Value: $4,220.00 💸 Average Nearby Price: $157,100.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $0.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $850.00 💸 Total Annual Cost: $850.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,565.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.57 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 8391 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1971 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1811 🏠 |