Auction Property: PREMIUM FINANCIAL CORP
Owner's Name: PREMIUM FINANCIAL CORP
Location: 1324 WAVERLY PLACE DR
Amount Owed: $1,561
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 5.73
Decision: 🚩 Do Not Buy
Market Value: $144,815
Current Price: $220,200
Cost to Build: $195,600.00
10yr Cashflows: $139,688.06
Suggested Bid: $13,968.81 - $69,844.03
Cap Rate: 8.3%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 55% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 23% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 80% |
| developmentFeasibility: | 🚩 Poor 15% |
| acquisitionVsMarketValue: | 🚩 Poor -260% |
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: 1.52 💹 Current Price: $220,200.00 💸 Zestimate Price: $220,200.00 💸 Tax Assessed Value: $110,300.00 💸 Average Nearby Price: $144,815.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,377.00 💸 Monthly Hoa Tax: $43.00 💸 Annual Insurance: $925.00 💸 Total Annual Cost: $2,818.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,757.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.12 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 2715 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 2003 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1630 🏠 |