Auction Property: SOUTH INVESTMENT BUILDERS LLC
Owner's Name: SOUTH INVESTMENT BUILDERS LLC
Location: 2113 HERTFORD DR
Amount Owed: $3,023
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: 7.26
Decision: 🚩 Do Not Buy
Market Value: $183,463
Current Price: $235,000
Cost to Build: $168,480.00
10yr Cashflows: $123,071.78
Suggested Bid: $12,307.18 - $61,535.89
Cap Rate: 6.41%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | ⚠️ Fair 56% |
| marketRent: | 📌 Good 97% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 26% |
| marketDemand: | ⚠️ Fair 43% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 27% |
| acquisitionVsMarketValue: | 🚩 Poor -140% |
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: 1.28 💹 Current Price: $235,000.00 💸 Zestimate Price: $0.00 💸 Tax Assessed Value: $81,100.00 💸 Average Nearby Price: $183,462.50 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.33 💹 |
| taxes: | 📌 Good 75% Annual Tax: $2,521.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $987.00 💸 Total Annual Cost: $3,508.00 💸 |
| rent potential: | 📌 Good 75% Estimated Rent Price: $1,548.00 💸 |
| capitalization rate: | 🚩 Poor 38% Simulated Rating: 5.29 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 102 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1969 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1404 🏠 |