Auction Property: RICHARDSON EDNA F
Owner's Name: RICHARDSON EDNA F
Location: 904 OLD OAK DR
Amount Owed: $1,683
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -0.09
Decision: 🚩 Do Not Buy
Market Value: $58,788
Current Price: $115,400
Cost to Build: $172,440.00
10yr Cashflows: $107,250.53
Suggested Bid: $10,725.05 - $53,625.27
Cap Rate: 12.4%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 28% |
| marketRent: | 📌 Good 84% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 20% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 25% |
| acquisitionVsMarketValue: | 🚩 Poor -482% |
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: 1.96 💹 Current Price: $115,400.00 💸 Zestimate Price: $115,400.00 💸 Tax Assessed Value: $37,600.00 💸 Average Nearby Price: $58,787.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,399.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $485.00 💸 Total Annual Cost: $1,884.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,349.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 10.08 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 4800 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1971 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 1437 🏠 |