Auction Property: BH COLUMBIA 44 LLC
Owner's Name: BH COLUMBIA 44 LLC
Location: 205 MIRIAM AVE
Amount Owed: $1,750
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 4.59
Decision: 🚩 Do Not Buy
Market Value: $68,138
Current Price: $96,600
Cost to Build: $115,320.00
10yr Cashflows: $93,098.87
Suggested Bid: $9,309.89 - $46,549.44
Cap Rate: 12.48%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | 🚩 Poor 23% |
| marketRent: | 📌 Good 73% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 13% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 50% |
| acquisitionVsMarketValue: | 🚩 Poor -209% |
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: 1.42 💹 Current Price: $96,600.00 💸 Zestimate Price: $96,600.00 💸 Tax Assessed Value: $50,000.00 💸 Average Nearby Price: $68,137.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 1.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,590.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $406.00 💸 Total Annual Cost: $1,996.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,171.00 💸 |
| capitalization rate: | 📌 Good 75% Simulated Rating: 9.67 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 7710 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1954 🕰️ |
| property info: | ⚠️ Fair 50% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 2 🏠 Home Living Area: 961 🏠 |