Auction Property: SCOTT JAMES A JR
Owner's Name: SCOTT JAMES A JR
Location: 3528 THURMOND ST
Amount Owed: $725
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 8.20
Decision: 🚩 Do Not Buy
Market Value: $141,963
Current Price: $173,700
Cost to Build: $231,480.00
10yr Cashflows: $123,866.81
Suggested Bid: $12,386.68 - $61,933.41
Cap Rate: 9.99%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 49% |
| marketRent: | 📌 Good 97% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 27% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -112% |
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: 1.22 💹 Current Price: $173,700.00 💸 Zestimate Price: $173,700.00 💸 Tax Assessed Value: $77,500.00 💸 Average Nearby Price: $141,962.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $618.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $730.00 💸 Total Annual Cost: $1,348.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,558.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 8.48 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1955 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1929 🏠 |