Auction Property: PAYNE BROADUS &
Owner's Name: PAYNE BROADUS &
Location: 1339 HUTCHINSON ST
Amount Owed: $707
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.39
Decision: 🚩 Do Not Buy
Market Value: $56,950
Current Price: $67,300
Cost to Build: $123,240.00
10yr Cashflows: $83,955.94
Suggested Bid: $8,395.59 - $41,977.97
Cap Rate: 17.71%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 24% |
| marketRent: | ⚠️ Fair 66% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 14% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 47% |
| acquisitionVsMarketValue: | 🚩 Poor -91% |
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: 1.18 💹 Current Price: $67,300.00 💸 Zestimate Price: $67,300.00 💸 Tax Assessed Value: $24,300.00 💸 Average Nearby Price: $56,950.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $472.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $283.00 💸 Total Annual Cost: $755.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,056.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 13.63 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1964 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 1027 🏠 |