Auction Property: OLMSTEAD US IV LLC
Owner's Name: OLMSTEAD US IV LLC
Location: 4013 TAVINEER DR
Amount Owed: $1,801
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 1.71
Decision: 🚩 Do Not Buy
Market Value: $60,325
Current Price: $115,000
Cost to Build: $201,600.00
10yr Cashflows: $128,796.05
Suggested Bid: $12,879.60 - $64,398.02
Cap Rate: 15.09%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 40% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 24% |
| marketDemand: | 🚩 Poor 39% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 13% |
| acquisitionVsMarketValue: | 🚩 Poor -453% |
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: 1.91 💹 Current Price: $115,000.00 💸 Zestimate Price: $107,600.00 💸 Tax Assessed Value: $41,500.00 💸 Average Nearby Price: $60,325.00 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,606.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $483.00 💸 Total Annual Cost: $2,089.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,620.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 12.82 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 110 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1970 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 1680 🏠 |