Auction Property: STEED ANDREA DELISA
Owner's Name: STEED ANDREA DELISA
Location: 103 BURKETT RD
Amount Owed: $1,783
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -3.19
Decision: 🚩 Do Not Buy
Market Value: $101,025
Current Price: $228,600
Cost to Build: $272,040.00
10yr Cashflows: $115,359.92
Suggested Bid: $11,535.99 - $57,679.96
Cap Rate: 5.02%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy
| location: | ⚠️ Fair 54% |
| marketRent: | 📌 Good 91% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 32% |
| marketDemand: | ⚠️ Fair 50% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | 🚩 Poor 0% |
| acquisitionVsMarketValue: | 🚩 Poor -631% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy
| location: | City: Irmo 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 2.26 💹 Current Price: $228,600.00 💸 Zestimate Price: $228,600.00 💸 Tax Assessed Value: $161,100.00 💸 Average Nearby Price: $101,025.00 💸 |
| school trends: | 📌 Good 75% Average School Rating: 6.33 💹 |
| taxes: | ⚠️ Fair 50% Annual Tax: $4,968.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $960.00 💸 Total Annual Cost: $5,928.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,451.00 💸 |
| capitalization rate: | 🚩 Poor 13% Simulated Rating: 3.86 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 0 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1940 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 2267 🏠 |