Auction Property: ROBINSON DEMARKUS
Owner's Name: ROBINSON DEMARKUS
Location: 712 OLD FAIRFIELD RD
Amount Owed: $3,946
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -8.51
Decision: 🚩 Do Not Buy
Market Value: $46,988
Current Price: $135,900
Cost to Build: $282,000.00
10yr Cashflows: $167,116.85
Suggested Bid: $16,711.68 - $83,558.42
Cap Rate: 17.1%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 22% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 33% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -946% |
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: 2.89 💹 Current Price: $135,900.00 💸 Zestimate Price: $135,900.00 💸 Tax Assessed Value: $35,000.00 💸 Average Nearby Price: $46,987.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,415.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $571.00 💸 Total Annual Cost: $1,986.00 💸 |
| rent potential: | 📌 Good 100% Estimated Rent Price: $2,102.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 15.26 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 1181 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1943 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 2350 🏠 |