Auction Property: REED SANDRA & RAMEKA
Owner's Name: REED SANDRA & RAMEKA
Location: 2301 BLUE RIDGE TER
Amount Owed: $892
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -0.76
Decision: 🚩 Do Not Buy
Market Value: $50,565
Current Price: $102,700
Cost to Build: $145,800.00
10yr Cashflows: $104,865.42
Suggested Bid: $10,486.54 - $52,432.71
Cap Rate: 14.99%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 23% |
| marketRent: | 📌 Good 82% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 17% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 37% |
| acquisitionVsMarketValue: | 🚩 Poor -516% |
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: 2.03 💹 Current Price: $102,700.00 💸 Zestimate Price: $102,700.00 💸 Tax Assessed Value: $1,950.00 💸 Average Nearby Price: $50,565.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $0.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $431.00 💸 Total Annual Cost: $431.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,319.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 12.38 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 6205 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1970 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1215 🏠 |