Auction Property: NEWMAN DARREN L & JONATHAN

 


Owner's Name: NEWMAN DARREN L & JONATHAN

Location: 5 SALVIA CT

Amount Owed: $1,173

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 11.54

Decision: ⚠️ Consider  

Market Value: $190,100

Current Price: $180,200

Cost to Build: $151,560.00

10yr Cashflows: $127,285.48

Suggested Bid: $12,728.55 - $63,642.74

Cap Rate: 9.52%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Hold

location: ⚠️ Fair 60%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 18%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 80%
developmentFeasibility: 🚩 Poor 34%
acquisitionVsMarketValue: 🚩 Poor 26%

Level 2 (Simulation)

**involves significant stress testing

Decision: Buy

location: City: Irmo 🚲 County: Richland County 🚲
price vs market value: ⚠️ Fair 40% Value Ratio: 0.95 💹 Current Price: $180,200.00 💸 Zestimate Price: $180,200.00 💸 Tax Assessed Value: $83,100.00 💸 Average Nearby Price: $190,100.00 💸
school trends: ⚠️ Fair 50% Average School Rating: 3.67 💹
taxes: 📌 Good 100% Annual Tax: $1,006.00 💸 Monthly Hoa Tax: $25.00 💸 Annual Insurance: $757.00 💸 Total Annual Cost: $2,063.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,601.00 💸
capitalization rate: 📌 Good 75% Simulated Rating: 8.07 💹
exit strategy: ⚠️ Fair 60% Time On Market: 3310 days 🕰️
year built: ⚠️ Fair 63% Time Built: 1987 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1263 🏠