Auction Property: SANDIFER GEOFF &

 


Owner's Name: SANDIFER GEOFF &

Location: 2111 MARION ST

Amount Owed: $972

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 9.62

Decision: 🚩 Do Not Buy  

Market Value: $225,088

Current Price: $250,600

Cost to Build: $179,520.00

10yr Cashflows: $160,597.54

Suggested Bid: $16,059.75 - $80,298.77

Cap Rate: 8.91%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Hold

location: ⚠️ Fair 69%
marketRent: 📌 Good 100%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 21%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: 🚩 Poor 22%
acquisitionVsMarketValue: 🚩 Poor -57%

Level 2 (Simulation)

**involves significant stress testing

Decision: Hold

location: City: Columbia 🚲 County: Richland County 🚲
price vs market value: ⚠️ Fair 40% Value Ratio: 1.11 💹 Current Price: $250,600.00 💸 Zestimate Price: $250,600.00 💸 Tax Assessed Value: $108,300.00 💸 Average Nearby Price: $225,087.50 💸
school trends: ⚠️ Fair 50% Average School Rating: 4.00 💹
taxes: 📌 Good 100% Annual Tax: $863.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $1,053.00 💸 Total Annual Cost: $1,916.00 💸
rent potential: 📌 Good 100% Estimated Rent Price: $2,020.00 💸
capitalization rate: ⚠️ Fair 63% Simulated Rating: 7.90 💹
exit strategy: ⚠️ Fair 60% Time On Market: 6760 days 🕰️
year built: 🚩 Poor 0% Time Built: 1925 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1496 🏠