Auction Property: SINGLETON BOOKLEY M
Owner's Name: SINGLETON BOOKLEY M
Location: 5140 FARROW RD
Amount Owed: $3,092
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 3.93
Decision: 🚩 Do Not Buy
Market Value: $110,938
Current Price: $175,800
Cost to Build: $233,400.00
10yr Cashflows: $132,532.72
Suggested Bid: $13,253.27 - $66,266.36
Cap Rate: 9.32%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 32% |
| marketRent: | 📌 Good 100% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 27% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -292% |
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: 1.58 💹 Current Price: $175,800.00 💸 Zestimate Price: $175,800.00 💸 Tax Assessed Value: $90,700.00 💸 Average Nearby Price: $110,937.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 1.67 💹 |
| taxes: | 📌 Good 75% Annual Tax: $2,884.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $738.00 💸 Total Annual Cost: $3,622.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,667.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.84 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1968 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1945 🏠 |