Auction Property: SIG LLC

 


Owner's Name: SIG LLC

Location: 936 FISKE ST

Amount Owed: $1,386

Type: SINGLE_FAMILY

View:   View on Zillow     |   View on Realtor

Overall (Final)

Score: 4.04

Decision: 🚩 Do Not Buy  

Market Value: $53,775

Current Price: $83,400

Cost to Build: $92,160.00

10yr Cashflows: $87,851.62

Suggested Bid: $8,785.16 - $43,925.81

Cap Rate: 14.03%

** cap rate calculated based on Current Price 

Level 1 (Analysis)

Decision: Do Not Buy 🏅

location: 🚩 Poor 27%
marketRent: ⚠️ Fair 69%
taxHistory: 📌 Good 100%
lotFeatures: 🚩 Poor 11%
marketDemand: 🚩 Poor 0%
propertyType: 📌 Good 100%
legalConsiderations: 📌 Good 100%
developmentFeasibility: ⚠️ Fair 60%
acquisitionVsMarketValue: 🚩 Poor -275%

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: 1.55 💹 Current Price: $83,400.00 💸 Zestimate Price: $83,400.00 💸 Tax Assessed Value: $28,000.00 💸 Average Nearby Price: $53,775.00 💸
school trends: ⚠️ Fair 50% Average School Rating: 3.00 💹
taxes: 📌 Good 100% Annual Tax: $1,209.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $350.00 💸 Total Annual Cost: $1,559.00 💸
rent potential: ⚠️ Fair 50% Estimated Rent Price: $1,105.00 💸
capitalization rate: 📌 Good 88% Simulated Rating: 10.75 💹
exit strategy: 📌 Good 100% Time On Market: 2750 days 🕰️
year built: 🚩 Poor 0% Time Built: 1950 🕰️
property info: 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 768 🏠