Auction Property: NEWTON FREDRICK SR
Owner's Name: NEWTON FREDRICK SR
Location: 107 HADDINGTON DR
Amount Owed: $2,022
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 9.95
Decision: 🚩 Do Not Buy
Market Value: $239,925
Current Price: $277,600
Cost to Build: $291,720.00
10yr Cashflows: $167,673.37
Suggested Bid: $16,767.34 - $83,836.69
Cap Rate: 7.71%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Hold
| location: | 📌 Good 75% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 34% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 80% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -79% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Buy
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 1.16 💹 Current Price: $277,600.00 💸 Zestimate Price: $277,600.00 💸 Tax Assessed Value: $159,300.00 💸 Average Nearby Price: $239,925.00 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.00 💹 |
| taxes: | 📌 Good 75% Annual Tax: $1,818.00 💸 Monthly Hoa Tax: $77.00 💸 Annual Insurance: $1,166.00 💸 Total Annual Cost: $3,908.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,109.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 6.81 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 4578 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1997 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 2431 🏠 |