Auction Property: BH COLUMBIA 44 LLC

 


Owner's Name: BH COLUMBIA 44 LLC

Location: 100 HICKORY RIDGE DR

Amount Owed: $4,193

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 7.33

Decision: 🚩 Do Not Buy  

Market Value: $126,188

Current Price: $161,700

Cost to Build: $148,560.00

10yr Cashflows: $129,988.60

Suggested Bid: $12,998.86 - $64,994.30

Cap Rate: 9.31%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: ⚠️ Fair 44%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 17%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 36%
acquisitionVsMarketValue: 🚩 Poor -141%

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: 1.28 💹 Current Price: $161,700.00 💸 Zestimate Price: $161,700.00 💸 Tax Assessed Value: $119,200.00 💸 Average Nearby Price: $126,187.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 3.33 💹
taxes: ⚠️ Fair 50% Annual Tax: $3,891.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $679.00 💸 Total Annual Cost: $4,570.00 💸
rent potential: 📌 Good 75% Estimated Rent Price: $1,635.00 💸
capitalization rate: ⚠️ Fair 63% Simulated Rating: 7.69 💹
exit strategy: ⚠️ Fair 60% Time On Market: 4703 days 🕰️
year built: ⚠️ Fair 63% Time Built: 1985 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1238 🏠