Auction Property: BH COLUMBIA 44 LLC
Owner's Name: BH COLUMBIA 44 LLC
Location: 4311 CATHERINE AVE
Amount Owed: $2,284
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -1.85
Decision: 🚩 Do Not Buy
Market Value: $44,350
Current Price: $93,500
Cost to Build: $161,280.00
10yr Cashflows: $104,944.93
Suggested Bid: $10,494.49 - $52,472.46
Cap Rate: 14.27%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 25% |
| marketRent: | 📌 Good 83% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 19% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 30% |
| acquisitionVsMarketValue: | 🚩 Poor -554% |
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: 2.11 💹 Current Price: $93,500.00 💸 Zestimate Price: $93,500.00 💸 Tax Assessed Value: $66,200.00 💸 Average Nearby Price: $44,350.00 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.00 💹 |
| taxes: | 📌 Good 100% Annual Tax: $2,104.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $393.00 💸 Total Annual Cost: $2,497.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,320.00 💸 |
| capitalization rate: | 📌 Good 88% Simulated Rating: 11.40 💹 |
| exit strategy: | 🚩 Poor 0% Time On Market: 9369 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1953 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1344 🏠 |