Auction Property: REEVES PAUL L
Owner's Name: REEVES PAUL L
Location: 1527 BLANDING ST
Amount Owed: $14,506
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 5.38
Decision: 🚩 Do Not Buy
Market Value: $537,213
Current Price: $770,000
Cost to Build: $570,480.00
10yr Cashflows: $145,332.82
Suggested Bid: $14,533.28 - $72,666.41
Cap Rate: 0.79%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | ⚠️ Fair 63% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | ⚠️ Fair 67% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -217% |
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: 1.43 💹 Current Price: $770,000.00 💸 Zestimate Price: $799,800.00 💸 Tax Assessed Value: $436,500.00 💸 Average Nearby Price: $537,212.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.67 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $12,622.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $3,234.00 💸 Total Annual Cost: $15,856.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,828.00 💸 |
| capitalization rate: | 🚩 Poor 0% Simulated Rating: 0.46 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 411 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1920 🕰️ |
| property info: | 📌 Good 70% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: null 🏠 Home Living Area: 4754 🏠 |