Auction Property: ABRAHAM INVESTMENTS II LLC

 


Owner's Name: ABRAHAM INVESTMENTS II LLC

Location: 929 PINE ST

Amount Owed: $287

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: -23.25

Decision: 🚩 Do Not Buy  

Market Value: $84,613

Current Price: $372,000

Cost to Build: $451,680.00

10yr Cashflows: $428,684.12

Suggested Bid: $42,868.41 - $214,342.06

Cap Rate: 16.27%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: 🚩 Poor 32%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: ⚠️ Fair 53%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 0%
acquisitionVsMarketValue: 🚩 Poor -1,698%

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: 4.40 💹 Current Price: $372,000.00 💸 Zestimate Price: $372,000.00 💸 Tax Assessed Value: $90,000.00 💸 Average Nearby Price: $84,612.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 2.67 💹
taxes: ⚠️ Fair 50% Annual Tax: $2,602.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,562.00 💸 Total Annual Cost: $4,164.00 💸
rent potential: 📌 Good 100% Estimated Rent Price: $5,392.00 💸
capitalization rate: 📌 Good 100% Simulated Rating: 15.82 💹
exit strategy: 📌 Good 100% Time On Market: 1228 days 🕰️
year built: 🚩 Poor 0% Time Built: 1930 🕰️
property info: 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 5 🏠 Home Living Area: 3764 🏠