Auction Property: SMITH WARREN M
Owner's Name: SMITH WARREN M
Location: 1004 HANCOCK ST
Amount Owed: $842
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 10.77
Decision: ⚠️ Consider
Market Value: $190,263
Current Price: $172,800
Cost to Build: $122,880.00
10yr Cashflows: $112,020.76
Suggested Bid: $11,202.08 - $56,010.38
Cap Rate: 8.94%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | ⚠️ Fair 65% |
| marketRent: | 📌 Good 88% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 14% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 47% |
| acquisitionVsMarketValue: | ⚠️ Fair 46% |
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: 0.91 💹 Current Price: $172,800.00 💸 Zestimate Price: $172,800.00 💸 Tax Assessed Value: $92,000.00 💸 Average Nearby Price: $190,262.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 4.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $734.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $726.00 💸 Total Annual Cost: $1,460.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,409.00 💸 |
| capitalization rate: | ⚠️ Fair 63% Simulated Rating: 7.40 💹 |
| exit strategy: | 🚩 Poor 0% Time On Market: 9635 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1954 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1024 🏠 |