Auction Property: BH COLUMBIA 44 LLC
Owner's Name: BH COLUMBIA 44 LLC
Location: 3001 HAMMOND AVE
Amount Owed: $1,744
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -0.17
Decision: 🚩 Do Not Buy
Market Value: $51,349
Current Price: $107,000
Cost to Build: $132,000.00
10yr Cashflows: $120,130.14
Suggested Bid: $12,013.01 - $60,065.07
Cap Rate: 15.04%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 29% |
| marketRent: | 📌 Good 94% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 15% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 43% |
| acquisitionVsMarketValue: | 🚩 Poor -542% |
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: 2.08 💹 Current Price: $107,000.00 💸 Zestimate Price: $107,000.00 💸 Tax Assessed Value: $49,900.00 💸 Average Nearby Price: $51,349.38 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $1,585.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $449.00 💸 Total Annual Cost: $2,034.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,511.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 12.58 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 5388 days 🕰️ |
| year built: | ⚠️ Fair 63% Time Built: 1993 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1100 🏠 |