Auction Property: BH COLUMBIA 44 LLC

 


Owner's Name: BH COLUMBIA 44 LLC

Location: 608 SCARSDALE DR

Amount Owed: $3,377

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 8.29

Decision: 🚩 Do Not Buy  

Market Value: $129,350

Current Price: $145,000

Cost to Build: $136,800.00

10yr Cashflows: $112,100.26

Suggested Bid: $11,210.03 - $56,050.13

Cap Rate: 9.1%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy

location: ⚠️ Fair 48%
marketRent: 📌 Good 88%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 16%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: ⚠️ Fair 41%
acquisitionVsMarketValue: 🚩 Poor -60%

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: 1.12 💹 Current Price: $145,000.00 💸 Zestimate Price: $145,000.00 💸 Tax Assessed Value: $92,700.00 💸 Average Nearby Price: $129,350.00 💸
school trends: ⚠️ Fair 50% Average School Rating: 4.00 💹
taxes: 📌 Good 75% Annual Tax: $3,112.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $609.00 💸 Total Annual Cost: $3,721.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,410.00 💸
capitalization rate: ⚠️ Fair 63% Simulated Rating: 7.27 💹
exit strategy: ⚠️ Fair 60% Time On Market: 4232 days 🕰️
year built: 🚩 Poor 0% Time Built: 1972 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 1140 🏠