Auction Property: SIMON REGLE
Owner's Name: SIMON REGLE
Location: 4336 MELLOWOOD DR
Amount Owed: $745
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 2.90
Decision: 🚩 Do Not Buy
Market Value: $51,188
Current Price: $89,900
Cost to Build: $136,800.00
10yr Cashflows: $120,130.14
Suggested Bid: $12,013.01 - $60,065.07
Cap Rate: 19.08%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 38% |
| marketRent: | 📌 Good 94% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 16% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 41% |
| acquisitionVsMarketValue: | 🚩 Poor -378% |
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: 1.76 💹 Current Price: $89,900.00 💸 Zestimate Price: $89,900.00 💸 Tax Assessed Value: $29,300.00 💸 Average Nearby Price: $51,187.50 💸 |
| school trends: | 📌 Good 75% Average School Rating: 5.33 💹 |
| taxes: | 📌 Good 100% Annual Tax: $597.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $378.00 💸 Total Annual Cost: $975.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,511.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 16.15 💹 |
| exit strategy: | ⚠️ Fair 60% Time On Market: 4808 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1971 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 4 🏠 Home Living Area: 1140 🏠 |