Auction Property: BH COLUMBIA 44 LLC
Owner's Name: BH COLUMBIA 44 LLC
Location: 6556 MARGATE ST
Amount Owed: $2,202
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 3.00
Decision: 🚩 Do Not Buy
Market Value: $90,738
Current Price: $147,900
Cost to Build: $123,840.00
10yr Cashflows: $97,392.07
Suggested Bid: $9,739.21 - $48,696.04
Cap Rate: 8.17%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 31% |
| marketRent: | 📌 Good 77% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 14% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 46% |
| acquisitionVsMarketValue: | 🚩 Poor -315% |
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: 1.63 💹 Current Price: $147,900.00 💸 Zestimate Price: $147,900.00 💸 Tax Assessed Value: $54,500.00 💸 Average Nearby Price: $90,737.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 2.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,989.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $621.00 💸 Total Annual Cost: $2,610.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,225.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 6.34 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 6531 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1967 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1032 🏠 |