Auction Property: PREMIUM FINANCIAL CORP
Owner's Name: PREMIUM FINANCIAL CORP
Location: 315 BEATTY RD
Amount Owed: $4,372
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.47
Decision: 🚩 Do Not Buy
Market Value: $213,288
Current Price: $262,600
Cost to Build: $342,720.00
10yr Cashflows: $165,924.29
Suggested Bid: $16,592.43 - $82,962.14
Cap Rate: 7.57%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 63% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 40% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -116% |
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: 1.23 💹 Current Price: $262,600.00 💸 Zestimate Price: $262,600.00 💸 Tax Assessed Value: $125,000.00 💸 Average Nearby Price: $213,287.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.33 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $4,063.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,103.00 💸 Total Annual Cost: $5,166.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,087.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 6.62 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1949 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1947 🕰️ |
| property info: | 📌 Good 100% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 2856 🏠 |